RMB’s 8th Where to Invest in Africa edition homes in on infrastructure in Africa
‘Where to invest in Africa 2018/19’ offers insights into investment opportunities for the benefit of Africa and its private and public funders alike
“Structural change is essentially the only hope for sustainable growth in Africa,” says Celeste Fauconnier, who co-authored RMB’s Where to Invest in Africa with RMB Africa analyst, Neville Mandimika. In this eighth edition, Fauconnier and Mandimika have focused on the need for efficient infrastructure – something they believe is key to unlocking opportunities and tapping into the growth that Africa has to offer. The publication highlights some key findings: Africa’s lack of efficient infrastructure shaves up to 2.6% off its average per-capita growth rate (The World Bank), placing significant strain on human development; the annual infrastructure need is $130bn - $170bn annually (The African Development Bank); and the continent’s available capital is insufficient to achieve this. In short, the lack of efficient infrastructure is one of the highest hurdles to business in Africa. But Where to Invest in Africa also shows that this obstacle represents an opportunity to businesses involve...
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