Sustainable Infrastructure Development in Sub-Saharan Africa

Infrastructure development and financing are indispensable components of growth for any economy, and in sub-Saharan Africa (SSA), they are essential building blocks for African countries to get on the path of sustainable development. However, at present, SSA countries lack adequate and sustainable infrastructure to support increased economic growth. This paper argues that policy reform, increased funding, better bankable projects preparation, improved management and delivery and better use of financial and risks instruments all leverage each other, increasing infrastructure services. Policy reforms can stretch available investment funding, lower investment risks, and attract more funds.
Photo credit: ISSOUF SANOGO/AFP/Getty Images
Image
Jamal Saghir
Senior Associate (Non-resident), Project on Prosperity and Development