Episode 7 - Mind the gap: How to fix Africa's infrastructure funding shortfall
Africa's funding infrastructure gap is well documented. The continent collectively only invests four percent of its Gross Domestic Product in infrastructure development, costing it as much as 2 percent of potential GDP growth every year. In comparison, China spends some 14 percent. What strategies and partnerships does the continent need to tackle its infrastructure backlog? From Davos, Switzerland, Godfrey Mutizwa speaks to Standard Bank Corporate and Investment Bank CEO Luvuyo Masinda and Alstom Region President for Africa, Middle East and Central Asia, Andrew DeLeone on what role infrastructure development has played thus far in driving growth, and what measures need to be adapted in ensuring that we obtain the right source of funding, for the various infrastructure projects going forward.
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