[ad_1]
A group of 10 Program Compact countries Compact with Africa need $ 2.4 trillion in investment to cover their infrastructure needs by 2040. This was stated, July 3, Global Infrastructure Hub (GIH), a G20 initiative in two studies involving Compact with Africa countries; a plan launched by Germany to attract private investment in Africa. These countries are: Morocco, Tunisia, Egypt, Ethiopia, Senegal, Guinea, Ivory Coast, Ghana, Benin, Rwanda. The first report "Global Infrastructure Outlook: Investment Infrastructure Needed in the Compact with Africa Countries," revealed a need for infrastructure investments of $ 2.4 trillion in investments in 10 countries 2040, if they want to keep pace with economic growth and fill infrastructure gaps.
It is expected that only US $ 1.4 trillion will be delivered in according to current spending levels. This represents an investment gap of 42%, one of the largest regional differences in the world.
A gap of $ 1 trillion in investment gap
In addition, on the investment gap 1,000 billion dollars, 415 billion dollars will be needed by 2030 if these countries want to achieve the United Nations Sustainable Development Goals (SDGs) for universal access to drinking water, sanitation and water. 'electricity. The second report "Outlook" provides – for the first time – the magnitude of infrastructure investment needs, current investment trends and the corresponding investment spreads in 10 countries of the Pact. with Africa at the country and sector level. He noted, however, that emerging markets remain attractive to investors.
Taking advantage of the attractiveness of emerging markets
According to the Global Infrastructure Infrastructure Annual Investor Survey 2017 of the Global Infrastructure Hub and the EDHEC Infrastructure Institute-Singapore , 37% of infrastructure investors invest in emerging markets, up from 20% in 2016. Of those already investing in emerging markets, 82% want to increase investment in the 10 program countries.
"These figures clearly demonstrate the desire of investors to spend more on emerging markets. However, attracting private sector investment to African countries remains a major challenge. " Chris Heathcote, CEO of Global Infrastructure Hub, said," The key to solving this problem is to create the right environment to encourage investors to turn their interest into action " he added.
Source link
