Abidjan – The African Development Bank (AfDB) is investing 1.3 billion US dollars for the implementation of 12 projects in Angola, the bank's chairman, Akinwumi Adesina, said Friday in Abidjan.
Speaking to the press at the end of a meeting with the Angolan Head of State, João Lourenço, in the final phase of his visit to Côte d´Ivoire, at the bank's headquarters, the AfDB leader said the money is being invested in the energy and agriculture sectors and youth development.
Akinwumi Adesina said the bank is also investing an additional 500 million US dollars in the Lobito Corridor, an important infrastructure for the development of the continent.
The AfDB official said took the opportunity to thank President João Lourenço for his contribution to the growth of the institution, which last year was classified as the best multilateral bank in the world.
Akinwumi Adesina welcomed the role played by the Angolan statesman in the pacification of the African continent, mainly in the eastern of the Democratic Republic of Congo, as well as his commitment to resuming relations with Cotê d'Ivoire, a factor that is on the basis of his visit to that nation.
The AfDB leader announced that a visit to Angola is scheduled for September.
ART/MRA/AMP
