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AfCFTA: the age of infrastructure?

The implementation of the AfCFTA should have a significant effect on intra-African trade which is estimated to increase by 52,3% in 2022, compared with trade levels in 2010. But infrastructure deficit could threaten this path. Africa’s current pipeline of infrastructure projects is estimated to be worth $2.5 trillion. Yet only 10% of them are likely to reach financial close because of low technical capabilities and unequal allocation of resources throughout the funding project cycle.

As the newly implemented free-trade agreement offers a strategic momentum, can a more efficient infrastructure funding project cycle emerge from it?

Date and Time

July 1, 2021 02:00 PM UTC

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Post Author: afcftaconnect

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