African Development Bank secures $58 billion for the construction of the Lagos Abidjan highway

[@TheNewAfricaChannel]

Thank you for watching!!! Watch also these exciting videos: Russia Ukraine Conflict - How will it impact Africa Economy and Politics?👉kzbin.info/www/bejne/bqfUkpaMrNuhjKc $13bn Trans Saharan gas pipeline to link Nigeria Niger & Algeria 👉kzbin.info/www/bejne/rXWvXmx7m79lhJY EU's $170BN investment projects in Africa to counter China's BRI 👉kzbin.info/www/bejne/d6m5c2SEp6qLb9E Why Africa is still poor despite being resource-rich 👉 kzbin.info/www/bejne/pquxm6d-d56nkKM

[@alfredkalaba1614]

This is what I am expecting to hear from AfDB. Much love from TZ 🇹🇿

[@Jamie-zp7bb]

Woow!! what a brilliant idea to unite Mother Africa Economically.

[@josephsmith1208]

Watching from 🇯🇲 and loving this... Go Africa go...God bless Africa

[@TheNewAfricaChannel]

Thanks for watching!!! Share the video with friends on social media or WhatsApp, and also recommend our channel to our brothers and sister Jamaica.

[@starryicy2411]

Congratulations 🎊 🎉 👍 👏 💐 🎈 Africa 🌍 let's build 🏢 together.. Proudly Nigerian 🇳🇬 Proudly African 🌍

[@semwenzimohamed7609]

Tanzania, Rwanda, Burundi , DRC SGR loading!! Amazing! Fantastic oppotunity to link 4 countries. Love from Tanzania. 👏🏼👏🏼👏🏼👏🏼👏🏼

[@davyslanguages]

WOW my Africa is rising !!!!!

[@willienorman5325]

Thanks!

[@TheNewAfricaChannel]

Thanks for the donation, Willie!!! We appreciate your support!

[@starsareangels]

Africa on the rise. Stay blessed, stay righteous.

[@Natcobby60]

Good News can't wait to see this happening

[@tonyadj6994]

PLEASE CONSTRUCT THE LARGEST POWER DAM ON THE RIVER CONGO TO PROVIDE TOTAL ELECTRIFICATION FOR THE WHOLE OF AFRICA....THANK YOU SIR....

[@alhassan581]

Wow my dream project, may the project come to reality

[@truth884]

This sounds AMAZING!

[@Wills276]

Please don’t forget Somalia they are our brothers too we need all of them to be part of this. 👏

[@listenup2882]

When the bombing and fighting stops.

[@Jamie-zp7bb]

We would like Somalia to be on board but firstly they should start practising peace first and secondly they must love their country and stop being greedy for power which lead them to a civil war.

[@Wills276]

@@Jamie-zp7bb Thank you 🙏

[@mikebabz]

Somalia is not in West Africa

[@Wills276]

@@mikebabz Yes bror you are right but I didnot meant it is in West Africa.

[@listenup2882]

Congo should be manufacturing lithium batteries. In fact Congo should be a major manufacturer of electric vehicles.

[@kdkadifa742]

No more talking Action only... Well done sir ✔

[@ekofoyurittyt6629]

I am proud african bank investing in Africa but I also think we should invest in creating industrialisation of our natural resources all around Africa we don’t need country’s outside of Africa to come in to Africa to invest in Africa’s natural resources African banks the governments and billionaires and the people of Africa themselves can invest in the motherland like how dangote is doing all across Africa

[@lovellesokan9107]

And add the corridor to to Guinea to Gambia back to Senegal. Both Liberia and Sierra have many seaports ( combined). Liberia alone has four ports

[@spuknicjones9531]

The extension of it from Liberia to Senegal forms the Trans African highway 7. They want to modernize the Lagos to Abidjan route to a 4 to 6 lanes. Great news for West Africa.

[@Biobele]

Well in Nigeria Lagos state alone has 3 seaports, Rivers state also has 3 seaports, Calabar has 2 seaports. And there are still others as well

[@lovellesokan9107]

Wow..we are so blessed. All of the countries in West Africa have these many seaports, many waterways.penisulas. natural harbors ( Freetown). Natural conservations.. several exotic species of animals found no where elese.. Please God.. let us in Africa. Enjoy our Paradise..All of our wealth. Gold.silver diamond. Iron ore. Bauxite.coltan.uranium.lithium.phosphate..etc.etc

[@lovellesokan9107]

Must add Liberia from the Ivory coast corridor and coastlines to SierraLeone.. also the ferry project on the Cavalla River between the Ivory coast and Liberia is awful. It will cost less improve on The Ferry. Eventhough. It is a short distance, it impossible and not well- build.

[@truthmatterbyoladada1462]

That is what I was thinking too.

[@louishundred1812]

Waoo👏👏👏

[@AfricaNetworks-dq4co]

WHAT ABOUT PROTECTION? I know you have that in perspective since it makes sence to protect one's Investments and Assets. Had I known is always at last, a very common saying, yet pivotal. We have ENEMIES! Judas gives; Judas destroys in the long run. To oversee this fact, is naive and deadly. Think about The Ojuku/Gowon war. Not the PROTAGINISTS but those who fueled it from behind. Nigeria, you have rich history that can be explored and utilized. I am confident, that with the support of your african friends you can lead. Cheerio.

[@TheGosinho]

At first, thank you for the content, it is very interesting to see whats happening in Africa. But 58 billion $ for 1200 km? Thats nearly 50 million per km! That seems to be very very much. Could it be that there is much more included like other infrastructure and other roads/railway? Keep on going and greetings from Germany! :)

[@alhassanabdulrahim1183]

all the projects he mention is part of the 58bn not only the road project

[@TheGosinho]

@@alhassanabdulrahim1183 Thank you, that sound even more realistic. ;)

[@clementnathaniel1490]

Is not only road there are others Africa countries project. To unit Africa and make Africa great

[@Churros1616]

That’s the combined value of different infrastructure projects in Africa. The Lagos-Abidjan highway costs 15.6 billion $. I do still think that Africa should focus on how they can lower costs. China has been able to grow their economy so fast because they kept costs low at the beginning.

[@setumomahakoe7791]

Let Afcfta goes undisturbed, Africans are waiting in hope.- regards from RSA.

[@danuwankudi6636]

Yeah, the spirit of "ubuntu" I'm alive bc u are alive. One live one Africa!

[@alvanalvino]

Good project, linking the commercial centre of the African continent to the rest of west Africa with a better Road network. Next phase, rail networks out of Lagos spreading across Africa. All Africans are welcome to our country. We are not like some other people

[@gamrpresident]

Why not SGR Trains instead 🤷‍♂️. Anyway it’s good news

[@georgeaklie]

TRULY TRULY TRULY AFRICA IS RISING please all decendant of the mother here let pray for this man for long life for development of mama AFRICA

[@MoneyBagjoe-bk5ve]

Mother Africa ❤

[@WeAreTrueAfrican]

Where they secure the loan from . One of the question we the youth not asking.

[@gusmotorsports]

YES!

[@allenbarrow4904]

Africans should ask where this I investments are coming from and who provided it. How much or and time those investments will be paid. These questions and more needed to be asked.

[@phyllisthompson4207]

Since you think they dont know, you should ask!! What country that has investments, FDI, and dont know where it’s coming from, the pro’s con’s interest rates etc. These things has to be worked out before any announouncent my brother, sometimes it take yrs. Countries dont take these things on unless everyone wins, otherwise it’s not an investment, and even if it’s a loan, all involved has to benefit!!

[@allenbarrow4904]

@@phyllisthompson4207 Your reply does not says who / whom will holds the note on these loans or what type of payment plan that's offered. Know the " devils you deal with verses the devils you don't know" is what I am saying.

[@BoringDad1272]

@@allenbarrow4904 Educate yourself!

[@allenbarrow4904]

@@BoringDad1272 Please you do it since you know the answers...I ask questions about the funding being use for this development. If you have those answers, please explain it verses trying to be obvious if you wanted support. Thank you.

[@phyllisthompson4207]

@@allenbarrow4904 Geez! Now I have to do your homework too!

[@navneetsahay196]

Construct railroads network which will be the node of transportation after oil dries up in west Africa's Niger Mauritiana Northern Mali Sierra Leone The transportation mode of 21st century

[@brianaddison9355]

first hurdle complete..Now the most important hurdle - CORRUPTION. Where will the funds get transferred and who will the contracts be given to? Getting money is easy. Now build the roads and factories without telling us the money is missing

[@LoonieGoon3r]

It would be even better to have train connectivity as well.

[@zealonrail3644]

6lane highway or 4lane highway?which is which?anyway its a great project..love it

[@gusmotorsports]

Some part's of the highway will be 6 lanes and some parts will be 4 lanes.

[@zealonrail3644]

@@gusmotorsports oh ok thank you,u have any idea when the construction is going to start?

[@archbishopcorrinesheemaame2574]

All Praise to the Most High Yah...

[@josephjohnson2387]

These countries must open schools to teach them how to maintain and repair all of this new equipment. Remember when the colonizers left in the sixties they took everyone with expertise so the infrastructure that was left behind wasn't maintained and the newly freed countries couldn't reach their full potentials. Learn from pass mistakes and prosper. Please get those old fool's out of power and let the young vibrant new Africans lead there countries to a better future ✌🏽

[@niconkola9314]

African bank thank you for helping African country's to build infrastructure is better than a loans from Chinese debt African country's stop loan for Chinese please leader's don't think for your self think for the fiture Chinese is not helping African it help its self for benefit win win is just useless thing win win to who

[@theecake6594]

It sounds good....$58 billion was secured form where? From inside Africa or outside Africa?

[@jimjohn9101]

Well donen! But please invest on a manufacturing level as well

[@philtymcnasty9994]

A railway along the same corridor will have been way better....given the chronic road bottlenecks along this corridor. Please go back to the drawing board...consider highspeed railway connectivity instead.

[@azizr9682]

This is heart warming news, just hope it's not one of those fake hopes as usual.

[@sethessien1484]

A high speed rail should be considered

[@selassietetevie4966]

It's very expensive to run unfortunately, you need to fence the entire line and build elevated tracks in some places,remember the trains will be travelling at over 200kph,if a cow or bus gets hit at that speed,it will be a disaster for possibly the whole train,killing thousands of passengers,.it looks nice in movies, but for now is not practical. Motor ways with electric vehicles charged by solar and wind make better sense,we just need to enforce highway rules,get rid of police and customs check points and not allow the motor ways to be used as local access streets, so these roads should by pass the cities if possible and the lands on both sides protected from development period. Otherwise it's going to be a disaster as traffic jams will make the journeys too long.

[@archbishopcorrinesheemaame2574]

Please don't forget to add Gambia and Serria Leon

[@bugaboiz9458]

First time to hear adeshina talk. Why does he sound fony and what’s up with the smirks?

[@phyllisthompson4207]

That said, investments means more jobs, more jobs means more money for government, less tax on the people…

[@zombieat]

$15.6 billion for 1,200 km. that means $13 million/km. isn't that a little bit too expensive? even in the us a 6 lane highway costs about $7 million/km at most.

[@spuknicjones9531]

Good observation.... Too expensive!!! Egypt is building 600km high speed train for just $4.5biilion. meaning with roughly $9 billion that same high speed rail being built by Siemens, could have been done. With $6.6 billion remaining out of the total 15.6 billion. Taking China into consideration, it'll be even cheaper building a high speed train, since Siemens is German brand and a bit expensive

[@abeturay6685]

Corruption

[@Biobele]

OR... Maybe... The terrain has a role to play in why it's more expensive? Maybe they had to pay for the land and also clear it unlike Egypt where the government owns the land and it's a desert so they don't have to clear any thick forests or bushes and Also building on marshland/swamp is usually more expensive than building on desert. Not everything is corruption.

[@sidex4]

@@spuknicjones9531 high speed trains and roads don't serve the same purpose....the development the road brings....rail won't bring such.....along the highway, several communities are going to opened up, value for properties will increase, people who have no business using the trains will use the high way, especially the villagers, more farms will be accessible within the highway, and the road is at the coastal region which means, there will be terrible terrains to maneuver (that cost a lot) so yea....roads construction are even more expensive is the USA than it is here.

[@samorisystems6604]

Expressway projects involve many corridors not just paving the road. There will be shopping malls, parkings, Hotels, Bus stations, land compensations, water, electricity, high speed internet. And of course, commissions for him and his fellow colleagues, partners, agents etc.... Nothing is free, Look at his smiling face

[@amlegion.547]

Please buhari hand must not touch the money, give it to another country.

[@Biobele]

Mumu man Nigeria generates far more than that. Also Nigeria owns the Nigeria Trust fund, Nigeria also is the largest owner or shareholder of the African Development Bank.

[@archbishopcorrinesheemaame2574]

I am because you are...

[@martym.davies7116]

Why is Liberia left out?

[@pauloborevwori6132]

Use it for a military

[@oluakinwale4859]

This should exclude Ghana because their citizens are calling on their government to withdraw from Ecowas. It's possible they will be calling on their government to withdraw from the African Union too.

[@Nectpost]

Not true, Ghana started ECOWAS with Nigeria no matter what we are in fam

[@johnstoneodinga4186]

Come up with a common currency

[@ejwatson2858]

The AFRICAN DEVELOPMENT BANK LARGEST SHAREHOLDER UK US, JAPAN

[@johnsonamoni6382]

The largest shareholder in African development bank is Nigeria not uk or us or Japan.

[@salifuabubakari5414]

time is telling

[@archbishopcorrinesheemaame2574]

Please make sure all of our Black Brothers and Sisters are doing this great work...that is the only way to make our Black people the Greatest of all in All....hire only our own Black People...

[@Yayo615]

When outside forces put money in projects the project will never finish what is about the end product of the Inga project in Kongo we need to unify backed or money with or resources and build the Afrika we want on paper everything is fine the problem is to finish the project so we can keep moving forward

[@m.k.s.7417]

I dream, that Billions, will be - Invested into the [very] AfriCAN Continent: in business-es/training: -(inc. in tech.): inc. from: "The likes, of": = Amazon, Apple_(Inc.) and others (I.B.M./MicroSoft; banks; business-es and so on) and so 4th: from across ALL The [very]_-World.

[@Bigboy-nx3nc]

The highway is over priced in my opinion.

[@timboslyce1290]

Man these brothers ain’t Playing the Radio… Can u say the United States of Afrika!!!!!

[@vaibhavnagare8549]

United Africa yeah!

[@timboslyce1290]

@@vaibhavnagare8549 why do I always get a Person With No Subscribers With a drive bye Comment … I mean read the probability on that being A Troller!!

[@callmewheels4806]

Was CHINA the primary investor? Sadly, If yes, the deals Never Benefit the borrower. Look at Malaysia, Australia, Borneo, Vietnam and the list goes on. China is Predatory with respect to Capital Investment and unfortunately, they prey on developing countries and markets. I hope this isn’t the case but the plan sounds EERILY SIMILAR to infrastructure projects China is famous for. Please do the research.

[@BoringDad1272]

You have not credibility when you confuse AFDB with China. AFDB is an African private bank. China is a government. I believe China does a good job in Aftica!

[@ihunnawisdom2376]

Who noticed the banker was faking African ascent

[@quamewisemaster4796]

😂 allow the gentleman to combine all the ascent he knows

[@Churros1616]

Hahahaha

[@ihunnawisdom2376]

@@unapologeticafrican I know but at the beginning he was trying to form ascent

[@johnsonamoni6382]

The banker is a Nigerian and was a former Nigeria minister of agriculture.

[@joemensah9557]

This Banker is a right joker. He is not serious. This is like a comedy show. He should STOP the soap opera and start implementing real projects not running comedy shows. We need real action

[@arandomyoutubechannel2940]

Thanks!