2011 ICA Annual Report & Annual Report Overview
- Infrastructure Consortium for Africa (ICA)
The Annual Report analyses the external financial commitments/investments and disbursement to infrastructure in Africa for the year 2011. The report also presents a sectoral and regional distribution of commitments/investments for the same year.
In 2011 total external financial commitments/investments in African Infrastructure declined to 2009 levels. Overall commitments totalled US$41.5billion - a decline of 26% compared with 2010 figures. Commitments from ICA Members declined by 56% to US$11.9billion as compared to 2010 figures.
Financial commitments by 'other' financiers such as Arab Funds and particularly China has witnessed a continuous increasing trend. In 2011 such 'other' commitments grew by 39% to US$18.1billion. and the Arab Funds have doubled their contributions, and private sector commitments have nearly recovered to pre-crisis levels.
Private finance to African infrastructure although experienced a decline as compared to 2010 figures, has remained relatively stable in porportion terms accounting for approximately 27% (US$11 billion) of total external financial commitment/investments.
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