For decades, Africa’s infrastructure challenge has been framed largely as a question of money: how to close the gap between the continent’s development ambitions and the capital required to fund them.
But as governments attract more investment commitments and global investors show growing interest in African markets, the challenge is increasingly shifting from securing finance to delivering projects.
“Africa’s infrastructure opportunity depends on closing the execution gap,” Professor of Project Management at the Telfer School of Management, Lavagnon Ika, stated. “The success of infrastructure projects is often determined long before capital is spent on the ground.”
The African Development Bank estimates that Africa requires about $400bn annually to meet its infrastructure needs, covering areas including transport, energy, water and digital connectivity. While attracting financing remains important, policymakers and industry experts argue that the continent must strengthen its ability to develop investment-ready projects capable of absorbing capital efficiently.
Managing Director, Project
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