Wednesday, July 2, 2025
27.5 C
Lagos

ADB Invested $2bn on ICT, Transport in 2015

The African Development Bank [AfDB Group] investments in transport and ICT in 2015 will collectively improve mobility of at least 1.2 million users of public transport, result in the creation of about 200,000 jobs in the ICT sector, with almost 18 million people benefitting from improvements in road infrastructure.
These are the findings of the AfDB’s 2015 Annual Report on Transport and Information and communications technology (ICT).
“The expected impacts over the next few years in integrating Africa, boosting agriculture, and facilitating industrialization will be tremendous,” said Amadou Oumarou, AfDB Director for Transport and ICT Infrastructure.

spot_img
spot_img
spot_img

Hot this week

Stanbic IBTC Bank Nigeria PMI: Output Growth Slows but Business Confidence Rises Sharply

The Nigerian private sector remained in growth territory as...

NIA: Insurance Week Designed to Boost Industry Awareness in Nigeria

Mr. Kunle Ahmed Chairman Nigerian Insurers Association (NIA) The Nigerian Insurers Association...

NAICOM Chief: The Future of Nigeria Depends on How We Manage Risks

Keynote Address by Mr. Olusegun Ayo Omosehin, Commissioner for...

SEC Canvasses Advanced Financial Inclusion by 2030

The Securities and Exchange Commission (SEC) has stressed the...

NCDMB to Champion “Nigeria First” Policy in Oil and Gas Sector

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Topics

Business Journal 10th Anniversary Lecture/Awards June 7

The Board and Management of Business Journal (online-magazine-newspaper-) have...

Banks’ Advert Spend Rose by N164m in July 2019

P+ Measurement Services, a media intelligence and audit agency...

Rosatom, YLB Partner on Lithium Mining and Production in Bolivia

Uranium One Group JSC (an entity of the ROSATOM...

Ingenico Partners Interswitch on Multi-channel Payment Solutions in Nigeria

Ingenico Group, the global leader in seamless payment, announced...

Africa Nominates Zimbabwe’s Tourism Minister, Mzembi, for UN – WTO Secretary-General

African nations have nominated a Zimbabwean, Dr. Walter Mzembi, as...

Nigeria: Smartphone Market Grew 2% Units, Declined 6.4% in Shipment

        Nigeria's smartphone market grew 2.0% in unit terms quarter...

Coscharis Motors Unveils new Ford EcoSport at Abuja Motor Fair

Coscharis Motors, exclusive distributor for Ford in Nigeria, unveiled...
spot_img

Related Articles

Popular Categories

spot_imgspot_img