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2016 Annual Meetings

26/01/2021

Africa: economic transformation hinges on unlocking potential of cities, says the African Economic Outlook 2016

With two-thirds of Africans expected to live in cities by 2050, how Africa urbanises will be critical to the continent’s future growth and development, according to the African Economic Outlook 2016 released at the African Development Bank Group’s 51st Annual Meetings.

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AfDB Annual Report 2015.

“Africa is blessed with limitless potential for solar, wind, hydropower and geothermal energy resources. We must unlock Africa's energy potential – both conventional and renewable.” –Akinwumi Adesina, AfDB President