Africa offers the private sector trillion-dollar investment opportunities in green development sectors, including climate and green growth, said Kevin Urama, vice president of the African Development Bank Group (AfDB) on Wednesday.
These opportunities are ranging from climate-smart and low carbon technology to energy-efficient buildings, climate-resilient, infrastructure, and electric vehicles, Urama added.
Urama revealed data shows that the agriculture market size is projected at $1 trillion in 2030, total Information and Communications Technology is projected at $104.2 billion in 2030, and transport annual growth is projected to rise by 22 percent in 2030.
These announcements came during the African Development Bank Group’s (AfDB) annual meetings in 2023, taking place in Sharm El Sheikh City.
