Tesco
Financing African Infrastructure
Report

Financing African Infrastructure

Can the World Deliver?

Jeffrey Gutman, Amadou Sy and Soumya Chattopadhyay
Brookings Institution, 2015
Get the Report

Read or listen offline

áudio gerado automaticamente
  • 0.5×
  • 0.75×
  • 1×
  • 1.25×
  • 1.5×
  • 1.75×
1×
áudio gerado automaticamente

Editorial Rating

8

Qualities

  • Comprehensive
  • Analytical
  • Innovative

Recommendation

In 2009, the World Bank, international institutions and global donors called for massive infrastructure investments in Sub-Saharan Africa. The world listened, and support flooded in. This Brookings Institution report offers a comprehensive, instructive and well-annotated analysis of the origin and distribution of these investments by sector across the region. More important, the study focuses on a set of critical recommendations that brings the need for greater oversight and better planning and governance into sharper focus. getAbstract believes investors, bankers, policy makers, nongovernmental organization leaders, and development and multilateral donor groups will appreciate this timely work.

Take-Aways

  • Sub-Saharan Africa suffers an annual “infrastructure gap” of $93 billion, despite a 200% rise in international infrastructure investment into the region from 2004 to 2012.
  • Private-sector investment accounts for more than half of all external financing in Sub-Saharan Africa, while China contributes 20% and “official development finance” institutions make up the rest.
  • Some 65% of infrastructure funding comes from African countries’ domestic budgets. Nations should raise taxes and borrow on global markets to raise necessary financing.

About the Authors

Jeffrey Gutman is a senior fellow at the Brookings Institution, where Amadou Sy is director of the Africa Growth Initiative and Soumya Chattopadhyay is a senior research associate.

Comment on this summary or Iniciar a Discussão