The Infrastructure Consortium of Africa (ICA) believes that 40 billion potential work hours are lost each year owing to people being unable to open a tap in their homes for water and instead needing to fetch water from another source. From the perspective of land transport, roads account for 80% of goods and 90% of passenger transport on the continent.
African governments have historically relied on donor aid and external borrowing to finance their fiscal deficits. At the same time, many states have financed infrastructure spending out of their fiscal budgets, resulting in fixed capital growth being dependent on available government finances.
- Emerging trends that will change the world of Infrastructure – The African Context
- Building Time and Costs
- Countries With Significant Construction & Infrastructure Opportunities