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- W4241291673 abstract "Private sector investment opportunities in Africa’s infrastructure are huge. Regulatory reforms across African countries are identified as critical to the realization of the expected investment flows in the infrastructure sector. However, planners and policy makers need to note that there are infrastructure deficiencies in all subsectors with low income countries (LICs) in Africa facing the greatest challenge. Inefficiencies in implementing infrastructure projects account for USD 17 billion annually and improving the capacity of African countries will help minimize these costs. In this regard, the donor community must play a greater role in African LICs while innovative financing mechanisms must be the focus in the relatively richer countries of the continent. Traditional sources of financing infrastructure development remain important but private investment is critical in closing the current gaps. Countries need to devise mechanisms to exploit opportunities and avoid pitfalls in investing in infrastructure." @default.
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- W4241291673 date "2017-02-28" @default.
- W4241291673 modified "2023-09-26" @default.
- W4241291673 title "Infrastructure deficit and opportunities in Africa" @default.
- W4241291673 doi "https://doi.org/10.1332/policypress/9781447326632.003.0013" @default.
- W4241291673 hasPublicationYear "2017" @default.
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