Monday, October 20, 2025
29.3 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

When Transparency Becomes Luxury: INEC and ₦1.5bn FOI Controversy

By Chike Walter Duru When the Independent National Electoral Commission...

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

  No fewer than 578 young entrepreneurs across Nigeria have...

Polaris Bank Reinforces Commitment to Exceptional Customer Experience at Global Trade Forum in Ibadan

Chris Ofikulu, Executive Director, Retail & Commercial Banking, Polaris...

Fidelity Bank Bags Awards for Best Export, Trade Support and Innovation

  Fidelity Bank’s market leadership has been affirmed once again...

13-year-old Rhema-Love Abraham Emerges Winner of 2025 Heirs Insurance Essay Championship

L:R- Funmi Olotu, National Coordinator, National Social Safety-Nets Coordinating...

Topics

TRUMP: Global Economic Impact of Victory

FROM late January, Donald Trump will have all the...

Consolidated Hallmark Renews N24m Insurance Cover for Journalists

Consolidated Hallmark Insurance Plc has renewed its Group Personal...

Wema Bank Wins 2022 Highest Dividend Yield at PEARL Awards

L to R:  Chairman, Lasaco Assurance Plc & Former...

Sovereign Trust Insurance Reports 109% Insurance Revenue Growth in 2024

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

Bribery Soars in Middle East & North Africa

Nearly one in three citizens who tried to access...

AXA Mansard Plc: Claims Incurred on Life Insurance Hammers Profit

AXA Mansard Plc published its audited FY: 2015 result...

Union Bank Champions Employee Wellness with Stay Recharged Health Walk

Union Bank of Nigeria held its first-ever Stay Recharged...

ITU Telecom World 2015 Opens for Business

Doors opened in Budapest for ITU Telecom World 2015, the global ICT innovation event for SMEs, corporates and governments. The event kicked off with a spectacular Opening Ceremony, in the presence of H.E Viktor Orbán, Prime Minister of Hungary, ITU Secretary-General, Houlin Zhao, and a host of other distinguished high-level participants spanning government, industry and representatives of many global SMEs and start-ups.
spot_img

Related Articles

Popular Categories

spot_imgspot_img