Infrastructure is Vital to Africas Economic Development

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  • the World Bank. Institutional investors such as insurance companies, pension funds, and sovereign wealth funds have more than $100 trillion in assets under management globally. 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.
  • Africa continues to attract foreign investment
  • Many analysts were initially optimistic that the impact of the global financial crisis on Sub-Saharan Africa (henceforth, “Africa”)10 would be negligible. African economies are among the least exposed to the global financial system of any world region, and African banks hold few of

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  • The publication titled ‘Africa: A closer look at value reflects the views of 77 financial analysts and corporate financiers in the following regions: 35 in Southern Africa, 19 in East Africa, and 23 in West Africa (including Francophone Africa). The survey aims to provide investors with information to value opportunities across the African
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  • Dec 01, 2020
  • South Africa needed energy in order for the economy to grow and provide good jobs. The Bank is working with the government on many clean energy projects. Makhtar Diop, World Bank Vice President for Africa, joined Gordhan and Kim in answering questions.

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A World Bank report on African cities - Quartz Africa

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  • 07 Jul 2020: In the context of the Covid-19 pandemic, cash-strapped governments across Africa will be looking for ways to fill revenue long faced challenges in taxing large multinational corporations and significant informal economic activities, they may be tempted to raise much-needed revenue relatively easily by imposing taxes on rapidly growing digital financial services
  • World Bank, Washington, DC Google Scholar Paulais T (2012) Financing Africa’s cities: the imperative of local investment. World Bank, Washington, DC Google Scholar Sassen S (2001) The global city, 2nd edn.
  • In 2017, the G-20 governments, together with the World Bank, African Development Bank, and International Mon-etary Fund, launched the Compact with Africa to boost private investment and infrastructure development. Un-der the Compact, African member countries put forward their priorities for investment through country-based

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