Africa 50: Business as usual will not finance the infrastructure projects needed
Posted Saturday, August 17 2013 at 11:21
- The global economy is slowing down. The big question we need to ask is whether or not in this gloomy environment Africa can maintain the pace of the past decade.
- No country in the world has been able to maintain seven per cent GPD growth and above sustainably unless the infrastructure bottleneck is overcome.
- My own assessment is that Africa can still maintain the momentum if we emphasise inclusive policies.
in infrastructure, we at the African Development Bank have at been reflecting on how to create a vehicle to complement existing instruments.