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Tapping funding to reduce Africa's infrastructure deficit

The cost of structural damage from climate change is expected to reach about $400 billion by 2030. That's according to Mohammed Abdulrazaq, the Senior Vice President and Head of Capital Mobilization and Partnerships at the Africa Finance Corporation. In a chat with CNBC Africa’s Kenneth Igbomor, Abdulrazaq stresses the need for the private sector to step up to address the funding gap facing Africa’s infrastructure deficit which may hit $600 billion yearly by 2030.
Fri, 05 Apr 2024 14:32:24 GMT

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