It certainly comes as no news at all that Africa's rating on the global infrastructure development index is significantly behind. The actual gap in terms of financing is staggering. At best, Government and traditional donors financing would meet 50% of the requirements. What happens to the other portion of the deficit? What is the way forward? How do you address this huge chasm? What about the risks?
This article titled: "Financing Infrastructure in Africa: A Landscape of Evolution and Innovation", examines the gap in the level of development alongside the huge finance deficit and many other challenges in Africa's infrastructure. Beyond the challenges, it provides practical insights into the future as well as highlights other key considerations necessary to bridge the gap going forward.
The path to achieve the ambitious targets of the Continent might not be as impracticable as it seems. The overtly simplistic answer to the thorny questions is rapid innovation.
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