AfDB’s pivotal role in building East Africa’s infrastructure

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Governments in the East African region have placed their bets in investing in infrastructure in a bid to increase their competitiveness and reach their full potential. In the last two decades the region has invested heavily in infrastructure including broader connectivity, electricity connection, and airport expansion among other mega projects.  One of the major investment partners in these projects is the African Development Bank (AfDB). The AfDB has poured in billions of dollars in the form of grants and loans as it seeks to help establish the robust infrastructure needed to realise the region’s economic promise.   Over the years, the AfDB has intervened to support the region’s development efforts.  As of 2012, total approved national and regional operations amounted to nearly $16.21 billion.   The Bank’s interventions have consisted of a mix of investment projects, capacity-building, and technical assistance, spanning diverse areas such as infrastructure, agriculture, social sectors and private sector development.   Also Read: Africa infrastructure financing passes $100 billion mark The Bank has also supported the economic reform agendas of the countries aimed at improving governance, public sector management and the business climate, in order to create the conditions for sustained growth and poverty reduction. Region-wide interventions, through regional operations, have supported economic integration initiatives while helping to achieve greater efficiencies.   Over the last two decades, the Bank has intensified its efforts to promote regional integration. Working with Regional Economic Communities (RECs)

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