Transport Investment Picture & Data
Transport Investment Picture – Latest Figures from 2012
Analysis of ICA member funding for transport across the 2008-2012 time period shows a mixed performance (as indicated in Figure 71). Performance in some regions gives cause for concern. Central Africa – much of which is land-locked – received $347m in 2012, compared with $1bn in 2012.
With the exception of 2011 – when Central and Eastern Africa received the highest share of investment (27% each) – Central Africa has always attracted the lowest portion of transport investment.
Eastern Africa consistently received a high proportion of transport investment. Even considering a decline in investment (down 52%) in 2012, which levelled off in 2011 before surging in 2012to $2.1bn, the region has generally attracted a high percentage of ICA members’ investment.
North Africa received the largest investment in volume terms between 2008-2012 – at around $7.7bn. This was most evident in 2010 when North Africa attracted almost 41% of the ICA member total investments. Unfortunately, the regional geo-political tensions in 2011 caused a sharp decline in investments – however, 2012 investments showed improvement, with North African transport investments increasing to $1.6bn.
The ICA funded the African Infrastructure Country Diagnostic (AICD), a comprehensive World Bank study to assess the magnitude of Africa’s infrastructure needs. The 2009 AICD Flagship report Africa's Infrastructure: A Time for Transformation revealed many important transport challenges for Africa. This Flagship study and all the knowledge tools associated with it provided the platform for the AIKP, (African Infrastructure Knowledge Programme) an African Development Bank managed initiative that aims to build on the work of the AICD by collecting relevant statistics about infrastructure in Africa.
Source: ICA. For more detailed information and the latest figures on transport in Africa, consult the 2012 Annual Report, Infrastructure Financing Trends in Africa.
For more information about specific ICA Transport Platform activities, please visit ICA News/Transport.