Africa's GDP growth is projected to accelerate to 4.0 percent in 2019 and 4.1 percent in 2020 - but improved macroeconomic and employment outcomes require industry to lead growth, according to the 2019 African Economic Outlook report. Published annually since 2003, the African Development Bank’s flagship report provides headline numbers on Africa’s economic performance and outlook.
Improving conditions for people and businesses in African cities by aggressively investing in infrastructure and reforming land markets is the key to accelerating economic growth, adding jobs, and improving competitiveness. 'Africa's Cities - Opening Doors to the World', published by the World Bank, argues that Africa’s rapidly expanding cities have a critical role to play in their countries’ economic growth, but notes that investment in African cities’ infrastructure, and their industrial and commercial structures, have not kept pace with urbanisation and population growth. To free African cities from the "low development trap", the report calls for coordinated infrastructure investment - interlinking housing, commercial and industrial development - alongside effective urban planning.
Financing Africa's infrastructure development is the special theme of the 2018 edition of the African Development Bank's "African Economic Outlook". The report highlights that Africa's infrastructure needs amount to $130–$170 billion a year, with a financing gap of $68–$108 billion. Flagging up that institutional investors manage more than $100 trillion in assets globally, the report suggests that just a small fraction of the excess global savings and low-yield resources would be enough to plug Africa’s financing gap, and finance productive and profitable infrastructure.
Report - 2017
The Atlas of Africa Energy Resources, developed by the African Development Bank (AfDB) and the Infrastructure Consortium for Africa (ICA) in cooperation with the United Nations Environment Programme (UNEP), provides visual information on the challenges and opportunities to providing Africa’s population with access to reliable, affordable and modern energy services.
Report - 2016
This background paper was commissioned by the Infrastructure Consortium for Africa (ICA) and the Japan International Cooperation Agency (JICA) in preparation for the Annual Meeting of the Infrastructure Consortium for Africa (ICA), which took place in Abidjan, Cote d’Ivoire, on 21 and 22 November 2016.
Report - 2014
The U.S. Presidential Initiative, Power Africa is a new model of American assistance – structured laterally across 12 different U.S. agencies, African governments, the private sector and key partners such as The African Development Bank. Power...
Overview & Full Report - 2010
The Africa Infrastructure Country Diagnostic (AICD) is a comprehensive knowledge program commissioned by the ICA to improve understanding of Africa's infrastructure situation. The AICD assists policymakers in setting priorities for current...