Reform, Private Capital Needed to Develop Infrastructure in Africa : Problems and Prospects for Private Participation

Reform, Private Capital Needed to Develop Infrastructure in Africa : Problems and Prospects for Private Participation

In Sub-Saharan Africa, the overwhelming need for infrastructure has motivated regional economic organizations to push for an ambitious agenda of private participation. But to begin solving Africa's infrastructure investment problems will also...

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Bibliographic Details
Main Authors: Leigland, James, Butterfield, William
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
ACCESS TO SAFE WATER
BORDER INFRASTRUCTURE
CONCESSION
CONCESSION ARRANGEMENTS
CONTRACT PERIODS
CONTRACT RENEWAL
ECONOMICS
FINANCIAL CLOSURE
HIGHWAY
IMPROVEMENTS
INFRASTRUCTURE DEVELOPMENT
INFRASTRUCTURE ECONOMICS
INFRASTRUCTURE FINANCE
INFRASTRUCTURE INVESTMENT
INFRASTRUCTURE PROJECTS
INFRASTRUCTURE SECTOR
INTERNATIONAL ARBITRATION
INVESTMENT IN INFRASTRUCTURE
INVESTMENT IN INFRASTRUCTURE PROJECTS
LEASE CONTRACTS
LONG-TERM CONCESSIONS
NONGOVERNMENTAL ORGANIZATIONS
OPERATIONS
POPULATION WITH ACCESS
PRIVATE CAPITAL
PRIVATE FIRMS
PRIVATE INFRASTRUCTURE
PRIVATE OPERATORS
PRIVATE PROVIDERS
PRIVATE SECTOR DEVELOPMENT
PRIVATE SERVICE PROVIDERS
PRIVATE SPONSORS
PUBLIC SECTOR
PUBLIC-PRIVATE PARTNERSHIPS
REGIONAL INFRASTRUCTURE
ROADS
SERVICE PROVISION
SUB-SAHARAN AFRICA
SUSTAINABILITY
TECHNICAL ASSISTANCE
TOLL
TOLL HIGHWAY
TOLL ROADS
TRANSPORT
TRANSPORT PROJECTS
WATER PROJECTS
WATER SUPPLY
Online Access:http://documents.worldbank.org/curated/en/2006/05/7090890/reform-private-capital-needed-develop-infrastructure-africa-problems-prospects-private-participation
http://hdl.handle.net/10986/10738
Description
Summary:In Sub-Saharan Africa, the overwhelming need for infrastructure has motivated regional economic organizations to push for an ambitious agenda of private participation. But to begin solving Africa's infrastructure investment problems will also require broad institutional reform along with greater financial commitments by governments and donors. The private sector appears capable of supplying only a fraction of the estimated US$5-12 billion a year in additional infrastructure finance that Africa needs to meet its Millennium Development Goals for infrastructure. Meeting Africa's infrastructure development challenges will require substantial increases in government budgetary allocations and official development assistance.

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