10 African countries out of Nigeria face $ 1 trillion in gapNaija247news infrastructure funding



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A new report released today by the Global Infrastructure Hub, a G20 initiative, has revealed a $ 1 trillion infrastructure investment gap in 10 countries of the pact with Africa [1] over the next 22 years. This represents an investment gap of 42%; one of the largest regional differences in the world, excluding Nigeria which is Africa's largest economy. According to the report on the infrastructure investment needs of the Pact with African countries, $ 2.4 billion of investment is needed in 10 countries by 2040. they want to monitor economic growth and fill infrastructure gaps. In addition, on the $ 1 trillion investment gap, US $ 415 billion is needed by 2030 if these countries are to meet the United Nations Sustainable Development Goals (SDGs). for universal access to drinking water, sanitation and electricity

Outlook – for the first time – the magnitude of the investment need in infrastructure, current investment trends and corresponding investment gaps at national and sectoral levels.

According to the 2017 Global Infrastructure Investor Survey of the Global Infrastructure Hub and the EDHEC Infrastructure Institute in Singapore, 37% of infrastructure investors are investing in emerging markets, up from 20% in 2016. Among those already investing in emerging markets, 82 percent want to increase their investment [2].

Chris Heathcote, CEO of Global Infrastructure Hub, said, "These numbers demonstrate clear desire from investors to spend more in emerging markets. However, attracting private sector investment in African countries remains a major challenge. "

" The key to addressing this is to create the right environment to encourage investors to turn their interests into equities, "added Mr. Heathcote.The newly updated Hub tool, InfraCompbad: Define your Infrastructure policies in the right direction in the Compact with African countries, revealed that the opportunities for improvement reside in the governance and regulatory and institutional frameworks in each of the countries InfraCompbad notes that Morocco and the Rwanda are successful countries, marked by improvements in their regulatory quality, rule of law, and investment and competition frameworks.

Heathcote said the partnership with the 10 countries would strengthen investor confidence. "It is now more important than ever that emerging markets continue to develop their infrastructure construction projects, as well as to continue to attract public and private capital in well-identified, selected and priority sectors. "As the investment environment improves in these 10 countries, investors in infrastructure have a real opportunity to realize impactful projects; provide access to services." essential – roads and railways, airports and seaports, telecommunications, drinking water, sanitation and energy – for a large part of the population. "

Thierry Déau, founder and CEO of Meridiam, said that Infrastructure Hub has provided essential new data revealing the infrastructure investment gap at the country and sector level.

As an active investor in Africa, this new data from the Global Infrastructure Hub will help us to identify where the needs are greatest and where we, as investors, can help achieve the United Nations SDGs that may not be achieved. seillers increase their commitment to the region.

Philippe Valahu, CEO, Private Infrastructure Development Group (PIDG), said: "Investing in emerging markets is PIDG's core business, having leveraged more than $ 15 billion in private equity investments. Africa since 2002 and launched InfraCredit: "The new data from the Global Infrastructure Hub reveals the urgent need for much larger investments and the great opportunity for institutional investors to fill infrastructure gaps and to obtain risk-adjusted returns. "

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