Un communiqué publié le mardi Last March 25 announced that as part of its development strategy aimed at strengthening the country's economic and industrial competitiveness, the African Development Bank (AfDB) plans to increase its investments in Lesotho to 331 million USD by 2030

The African Development Bank Group plans to invest $331 million in key strategic sectors in Lesotho as part of its proposed Country Strategy Paper for 2025-2030 in order to boost economic growth and industrial competitiveness. This funding aims to support quality infrastructure, capacity building, energy, integration and interconnectivity, debt management and standards, and the strengthening of the Prime Minister's Office

Several priority areas are covered by the Bank's investment strategy for Lesotho. These include energy infrastructure, including power transmission lines connecting Lesotho to South Africa; agricultural development to improve food security and rural livelihoods; climate resilience initiatives to address environmental challenges; digital transformation, including the expansion of broadband for financial inclusion. digital and the digitization of government services; the management of water resources, building on the success of the Lesotho Rural Lowland Water Supply and Sanitation Project; support for public financial management and debt management; and the improvement of trade competitiveness through the improvement of export qualities and standards.