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Africa has capacity to unlock a $3.4 trillion market if critical investments are made in infrastructure – Mahama

February 2, 2025
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President John Dramani Mahama has reiterated that African leaders have the capacity to unlock a $3.4 trillion market if critical investments are made in infrastructure.

He made the remarks on the third day of the African Prosperity Dialogues, under the theme “Delivering Africa’s Single Market Through Infrastructure: Invest, Connect, and Integrate.”.

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The Ghanaian leader stated that infrastructure plays a crucial role in creating jobs and opportunities for young people across the continent.

According to him, there was the need to invest in efficient road and rail networks to facilitate intra-African trade.

“We must invest in infrastructure to facilitate trade, efficient road networks, ports, and digital connectivity. We must strengthen African supply chains to ensure that our industries produce goods and services that meet both regional and global standards,” he added.

Speaking at the same event, the President of the Arab Bank for Economic Development in Africa (BADEA), Dr. Sidi Ould Tah, described Ghana’s 24-hour economy initiative as an inspiration to the world.

He pledged the bank’s support for the policy.

“Ghana’s 24-hour vision is an inspiration to the entire continent, showing that with bold leadership, innovation, and investment, we can unlock Africa’s full economic potential. At BADEA, we are committed to being a strategic partner,” he said.

By: Rainbowradioonline.com/Ghana

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