ICA Member Commitments by Sector
ICA activity covers four sectors: energy, transport, water and ICT. The chart below presents ICA commitments to infrastructure in Africa by sector in 2010. The energy sector received US$12.9bn, representing the largest share with 44% of total support. The transport sector ranks second with a proportion of 24% and US$6.9bn, followed by commitments to water projects with US$3.8bn (13%). Commitments to “Multi” are contributions to more than one infrastructure sector and these were US$0.8bn in 2010. As expected the ICT sector barely attracted public money, with only 1% of total ICA commitments, which is understandable given the fact that investments in the ICT sector have consistently been made by the private sector.
The figure below reveals the trends in ICA commitments to infrastructure in Africa by sector. The key trend again is the boost in finance for the energy sector, where commitments doubled to US$12.9bn in 2010, mainly due to several large commitments to North Africa. This continued the upward trend from 2008 (US$3.7bn) to 2009 (US$6.6bn).
Finance for transport projects edged slightly down from the previous year’s level to USD6.9bn and remains stable after steadily climbing since 2007. The water sector (US$3.8bn) recovered in 2010 from the declines in the previous three years and reached its highest level since 2006. ICT and Multi-Sector decreased significantly to US$0.3 and 0.8bn respectively. In 2010, 15% or US$4.4bn of the total ICA assistance of US$29.1bn cannot be allocated to a specific sector, as this amount was not reported in detail. A high proportion of the unallocated commitment results from a sum (US$2.3bn) reported by Development Bank of Southern Africa for South Africa. Approximately 73% (US$1.7bn) of this amount was not allocated to a specific infrastructure sector.
Trends of ICA Commitments to Infrastructure in Africa by Sector, in billions US$
