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Ben

Africa's Infrastructure: A Time for Transformation


This short multimedia production explores the challenges facing Africa stemming from poorly developed infrastructure. It also shows how investing in infrastructure will boost economic growth and benefit development. It draws on findings of the Africa Infrastructure Country Diagnostic (AICD), www.infrastructureafrica.org

Tags: africa, bank, development, infrastructure, world

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Eyembe Elango Comment by Eyembe Elango on November 21, 2009 at 9:54pm
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How Information Communication Technology (ICT) is transforming Africa
More importantly for Africa’s economies, the growth of the mobile phone and other ICTs is encouraging Direct Foreign Investment (DFI) on an unprecedented scale for many countries. In just one year, 2008, for example, Africa received about $8 billion dollars in ICT investments according to the ITU. Let me put this in perspective: this investment alone is about 1% of sub-Saharan Africa’s total GDP in 2008 estimated by the World Bank to be about $987 billion dollars!
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