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Infrastructure in AfricaLessons for Future Development$
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Mthuli Ncube and Charles Leyeka Lufumpa

Print publication date: 2017

Print ISBN-13: 9781447326632

Published to Policy Press Scholarship Online: September 2017

DOI: 10.1332/policypress/9781447326632.001.0001

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Infrastructure deficit and financing needs in Africa

Infrastructure deficit and financing needs in Africa

Chapter:
(p.583) Fourteen Infrastructure deficit and financing needs in Africa
Source:
Infrastructure in Africa
Author(s):

Mthuli Ncube

Publisher:
Policy Press
DOI:10.1332/policypress/9781447326632.003.0015

There is a consensus that Africa has a huge infrastructure deficit. An urgent question demanding our attention therefore is: what are the levels of access to sources of local market finance for infrastructure development in Africa? It brings to our attention the state of infrastructure access in the continent with a special focus on constraints to infrastructure development in Africa. The Chapter then discusses innovative local sources of infrastructure finance in the continent alongside some of the constraints and solutions to a major source that the African Development Bank has emphasized lately—infrastructure bond. The other question to be answered therefore is: given the constraints and opportunities, what is the role of the African Development Bank?

Keywords:   African Development Bank, innovative finances, infrastructure development, infrastructure bond, Africa

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