How to Step Up Financing for African Infrastructure

29 February 2012

International Monetary Fund - February 22, 2012

Africa can step up investment in its infrastructure by augmenting traditional sources of financing with foreign borrowing and private investment, but risks need to be managed, suggests a top economist at the International Monetary Fund.

Weak infrastructure is an obstacle to raising growth and reducing poverty in many countries in Africa as well as in other regions.

In an interview with IMF Survey online, Andrew Berg of the IMF's Research Department cautions that tapping alternative sources of financing is not a cure-all for meeting Africa’s infrastructure needs.

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