Alliance For Green Infrastructure in Africa Looks to Ease Africa’s Green Infrastructural Transition

The infrastructural deficit remains one of the greatest impediments to Africa’s development and industrialization. According to the African Development Bank, the continent has an annual infrastructural financing gap in the range of $68–$108 billion. To bridge this gap, the African Development Bank Group and Africa50, in partnership with the African Union Commission and the African Union Development Agency (AUDA-NEPAD) have launched a new initiative, the Alliance for Green Infrastructure (AGIA) at the sidelines of COP27, to fast track Africa’s transition to green infrastructure. Africa contributes to a meager 3% of the global emissions yet suffers the hardest brunt of climate…