The European Union (EU) is offering African countries “better choices” in infrastructure and energy transition projects, as an alternative to China’s Belt and Road Initiative.
China’s Belt and Road Initiative is a trillion-dollar infrastructure vision that has been championed by China over the last few decades .
South Africa has a role to play in safeguarding the numerous cable networks off its coast and beyond for greater cybersecurity .
The African Development Bank Group is making a difference in the infrastructure sector by financing projects such as the Thwake Multipurpose Dam in Kenya, the Port of Bujumbura in Burundi, and the upgrading of the Port of Cotonou in Benin.
The African Development Bank’s Africa Infrastructure Development Index (AIDI) ranks Egypt, South Africa, Morocco, Tunisia, and Algeria as the top five African countries with the most developed infrastructure in 2022.
The OECD Development Centre and the African Center for Economic Transformation (ACET), in partnership with the African Union Development Agency (AUDA-NEPAD), have published a report outlining a path to accelerate quality infrastructure in Africa.
The African Union’s Agenda 2063 aims to transform Africa into a global powerhouse by investing in infrastructure development.
The African Continental Free Trade Area (AfCFTA) agreement aims to create a single market for goods and services across Africa, which will require significant investment in infrastructure.
The World Bank’s International Finance Corporation (IFC) is investing $2 billion in infrastructure projects across Africa over the next three years
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