President John Dramani Mahama has emphasized that Africa has the potential to unlock a $3.4 trillion market if critical investments are made in infrastructure. Speaking on the third day of the African Prosperity Dialogues, Mahama addressed the importance of infrastructure in fostering economic growth and job creation, especially for young people across the continent.

Under the theme “Delivering Africa’s Single Market Through Infrastructure: Invest, Connect, and Integrate,” Mahama highlighted the need for improved road and rail networks to boost intra-African trade. He called for investments in ports, roads, and digital infrastructure, which he believes are essential for strengthening supply chains and enhancing Africa’s competitiveness on the global stage.

“We must invest in infrastructure to facilitate trade, efficient road networks, ports, and digital connectivity. We must strengthen African supply chains to ensure that our industries produce goods and services that meet both regional and global standards,” he stated.

Additionally, Dr. Sidi Ould Tah, President of the Arab Bank for Economic Development in Africa (BADEA), praised Ghana’s ambitious 24-hour economy initiative and reiterated the bank’s commitment to supporting such transformative projects. He lauded the initiative as an example of how bold leadership and investment can unlock Africa’s economic potential.

“Ghana’s 24-hour vision is an inspiration to the entire continent,” Tah said, reaffirming BADEA’s support for Africa’s infrastructure-driven growth.

Source:TheDotNews