The African Union’s High Representative for Infrastructure Development, Raila Odinga has called for the creation of an Africa-wide infrastructure fund to cut a funding gap estimated at as much as $90 billion.
Odinga, a former Kenyan Prime Minister, told African ministers of infrastructure the fund would be a long-term solution to Africa’s continuous underfunding of infrastructure which he estimated at between $60 and $90 billion annually.
Source : CNBC Africa
