US $1 Trillion Infrastructure Investment Opportunity in Africa
Further, of the US$1 trillion investment gap, US$415 billion is required by 2030 if these countries are to meet the UN Sustainable Development Goals (SDGs) for universal access to drinking water, sanitation, and electricity. According to the Annual Global Infrastructure Investor Survey, 2017 by the Global Infrastructure Hub and EDHEC Infrastructure Institute-Singapore, 37% of infrastructure investors invest in emerging markets, up from 20% in 2016. Of those already investing in emerging markets, 82% want to increase their investment.
The Global Infrastructure Hub’s newlyupdated tool, set your Infrastructure Policies in the Right Direction in the Compact with Africa Countries, has revealed that opportunities for improvement lie in governance and the regulatory and institutional frameworks in each of the countries. Morocco and Rwanda are notable performers, marked by improvements to their regulatory quality, rule of law, and investment and competition frameworks.
Partnering with the 10 countries to address these matters would build investor confidence and lead them to fulfill their economic growth potential. It’s now more important than ever that emerging markets continue to develop their infrastructure project pipelines, as well as continuing a track record of attracting public and private capital into well-identified, selected and prioritized projects.
As the investment environment in these 10 countries improves, there is a real opportunity for infrastructure investors to deliver impactful projects; providing access to essential services— roads and rail, airports and seaports, telecommunications, drinking water, sanitation, and energy— for a large proportion of the population.
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