Cairo – Mubasher: The World Bank is looking to invest nearly $45 billion in Africa in the three coming years, the Washington-based lender’s president Jim Yong Kim said.
Kim added that the World Bank will develop education, health services, provide clean drinking water, treat wastewater, improve agriculture, and enhance business and infrastructure environment, according to a statement by the Egyptian investment and international cooperation ministry.
The African Economic Community’s support to the bank has contributed to its push to Africa's growth, he stressed.
He called the African countries for further investments in the human capital and education, pointing out that the bank is ready to bolster the largest African countries in a bid to improve education in the continent.
Africa may shift from agriculture to extractive industries, including manufacturing cars and building ships, which are getting increased year after a year on the back of the developed technology.
