Urbanisation is Key to Development, Says World Bank Economist at Baku Forum
At the World Urban Forum in Baku, a World Bank economist emphasized the importance of urbanisation for economic growth and job creation, while highlighting Africa's significant financing challenges.
Editorial Staff
1 min read
Updated 28 days ago
During the World Urban Forum held in Baku, a senior economist from the World Bank discussed the critical role of urbanisation in fostering economic growth and creating jobs.
The expert pointed out that no country has successfully developed without undergoing a process of urbanisation.
However, he also raised concerns about the financing gap faced by Africa, suggesting that it is a challenge too great for any single institution to address alone.