Africa in BusinessAfrica in Business

Africa faces a significant challenge in closing its infrastructure funding gap

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Africa faces a significant challenge in closing its infrastructure funding gap. The continent requires between 130 billion and 170 billion dollars every year to build the power, transport, water, and digital systems needed for growth and economic inclusion. Yet investment continues to fall short, leaving large parts of continental economies and society under-served. This is contained in the Public Investment Corporation (PIC)  first Research Paper, titled Accelerating Infrastructure Development in Africa: Strategies to Reduce Lead Times.  Brenton Lalu sector specialist for Africa at PIC

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