logo

Here’s why the UK wants to spend billions in Africa

PUBLISHED: Thu, 22 Mar 2018 11:06:45 GMT

Share

The UKDID or the United Kingdom’s Department for International Trade says it has the ability to facilitate the provision of billions of pounds sterling in lending and guarantees to African countries to help them address a chronic infrastructure backlog that the World Bank estimates to be about $93 billion a year in the Sub-Saharan region alone. UK Trade Commissioner, Emma Wade Smith joins CNBC Africa discuss this further.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.