Africa Infrastructure Country Diagnostic
Fri, 01/15/2010 - 13:05 — cesar.carmona-moreno
Transforming African Infrastructure will Require an Additional $31 Billion a Year and Huge Efficiency Gains
Africa Infrastructure Country Diagnostic
Transforming African Infrastructure will Require an Additional $31 Billion a Year and Huge Efficiency Gains
A study recently conducted in 24 African countries "Africa's Infrastructure: A Time for Transformation" shows that the poor state of infrastructure in Sub-Saharan Africa - its power, water, roads, and information and communications technology (ICT) - cuts national economic growth by 2 percentage points every year and reduces business productivity by as much as 40 percent.