The International Information Center for Structural Engineers

Items filtered by date: Tuesday, 01 April 2014

As Africa continues to develop, one of the main challenges it still faces, is its shortage of completed infrastructure projects. In many cases public funding alone cannot provide the resources needed to develop African countries’ infrastructure. Public budgets are spread too thin due to the need to develop other aspects of these countries as well as build roads and bridges. According to a 2010 report issued by the World Bank, the continent’s inadequate transportation, power, and communication systems are causing sub-Saharan African economic growth to decrease by two percentage points each year. In addition to the growth decrease, poor infrastructure can decrease business productivity by 40 percent annually. Elizabeth Uwaifo, the Director of Africa Agribusiness Knowledge Centers and a Partner at international business law firm Fasken Martineau, is calling for the use of Public Private Partnerships (PPP) to bridge the funding gaps in sub-Saharan Africa and improve the continent’s physical infrastructure.