Mr. Hulisani Makhuvha, of the Development Bank of Southern Africa (DBSA), has said that the bank would collaborate with the Nigerian Government to build road infrastructure in the country. He said this while speaking with newsmen on Monday in Abuja on the sideline of a conference of Nigeria-South Africa Intergraded Road Transport Infrastructure Initiative. News Agency of Nigeria (NAN) reports that the event was to launch a road infrastructure program for the West African region and ultimately integrate the African continent.
The event is a collaborative initiative between the DBSA and Infrastructure Concession Regulatory Commission (ICRC) on how to fashion a transport and logistics infrastructure agenda for the West African region. DBSA, established to accelerate sustainable socio-economic development and improve the quality of life of the people in South Africa, is a development finance institution wholly owned by the South African Government.
Makhuvha noted that because Nigeria and South Africa were the biggest economies on the Africa continent, there was need for both countries to increase their collaboration and work together to build road network on the continent.