Thursday, July 31, 2025
28.1 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

Two NCDMB Leaders Bag Doctorate Degrees at UNIPORT Convocation

Two senior officials of the Nigerian Content Development and...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

Sovereign Trust Insurance Plc recently released its 2024 audited...

NAICOM Issues Guidelines for Insurtech Operations Effective Aug 1

The National Insurance Commission (NAICOM) has officially issued operational...

Leadway Assurance: Official Insurance Partner of Lagos International Trade Fair 2025

L–R: Juliet Okon, Head, Alternative Channel and High Net-worth...

NNPCL: Port Harcourt Refinery Not for Sale

Group CEO, NNPC Limited, Engr. Bashir Bayo Ojulari addressing...

Topics

FG Tackles New York Times over Report on Nigeria’s Economic Situation

 Ruth Maclean and Ismail Auwal's feature story with the...

Stanbic IBTC: 2022 Economic Outlook Webinar Targets Planning, Investment

Stanbic IBTC Holdings Plc, a member of Standard Bank...

BREAKING NEWS! MTN CEO Resigns over N1.04tr NCC Fine

Mr. Sifiso Dabengwa, the Chief Executive Officer of MTN Group has resigned with immediate effect over the N1.04 trillion ($5.2bn) fine imposed on MTNN Nigeria by the Nigerian Communications Commission (NCC) for failing to deactivate unregistered SIM cards. The resignation of Dabengwa was announced by the company early Monday.

Africa: Oil & Gas Industry as a Brand of Leadership

  Following Africa’s Oil Week announcement of moving their flagship...

Zenith Bank Earnings FY 2018: Lower Income, Improved Efficiency

Lower Income but Improved Efficiency Zenith Bank Plc recently released...

Africa Targets $783bn from Climate-change Agreement by 2030

A report by the International Finance Corporation (IFC) shows...
spot_img

Related Articles

Popular Categories

spot_imgspot_img