Akinwumi Adesina: 'I feel ashamed Africa has no electricity'
Since the global credit crisis of 2009, the African Development Bank has doubled its lending in Africa and set up a fund to help the private sector pledging $5billion each year to help with climate change and environmental programmes. But despite their best efforts, the markets have turned as commodity prices have fallen.
Leading African nations are facing serious economic problems.
Just this week, Nigerian authorities admitted that the country is close to recession. South Africa could be facing a credit downgrade. And others like Ghana, Angola and Zambia are in slowdown.
The Βι¶ΉΤΌΕΔ’s Lerato Mbele sat down with Dr Akinwunmi Adesina, President of the African Development Bank, to discuss the prospects for a continent that only a few years ago was said to be "rising".
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