Development Banks Help Close Infrastructure Gaps in Africa

The European Investment Bank and Development Bank of Southern Africa have established a joint technical assistance program aimed at improving preparation and implementation of infrastructure projects in southern and eastern Africa. The program will target the transport, energy, water and sanitation, urban, and information and communication technology sectors. The program, worth 6 million euros (USD8 million), will invest in projects that promote rehabilitation measures, climate change resilience, and regional economic and energy initiatives.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.