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Speech by Akinwumi A. Adesina President of the African Development Bank Group To mark the opening of National Road 2 Moroni, Union of the Comoros - 5 July 2024

· Akinwumi Adesina, President of the African Development Bank Group (International)

Summary written by Dark Majestic in its own words · topics: development and emerging economies, growth, investment and productivity

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· Akinwumi Adesina Wiki · African Development Bank Group WikiSpeech by Akinwumi A. Adesina President of the African Development Bank Group To mark the opening of National Road 2 Moroni, Union of the Comoros - 5 July 2024

ContextSpeech in Moroni at the opening of the bank-funded National Road 2 in the Comoros; the African Development Bank finances Africa's development and builds transport links.

Why it mattersBetter transport links are presented as key for an island economy cut off from markets.

Problems raised
  1. Comoros suffers from poor transport links.
  2. Public institutions need strengthening.
  3. Private investment is scarce.
Solutions proposed
  1. Renovate national roads.
  2. Invest in sea and air transport.
  3. Support public sector reform and public-private partnerships.
Read full speech on afdb.org ↗

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