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Infrastructure and Economic Development in Africa
Infrastructure and Economic Development in Africa
2014
Mohamed Salah Abdel Rehim 10200210 12/21/2014
2014
Mohamed Salah Abdel Rehim 10200210 12/21/2014

Presented to: Dr. Azza El Sharabasy
Course: Economic Development
Presented to: Dr. Azza El Sharabasy
Course: Economic Development

Table of contents

* Introduction * Literature review * Africa’s infrastructure endowment * Ways of financing infrastructure * Impact of Infrastructure on Economic Growth. * Conclusions and recommendations * References

Introduction

* Generally, a consensus has developed that, under the right circumstances, infrastructure evolution can play a major role in improving growth and equity-and, through those two channels, help to eradicate poverty. * However, in spite of this acknowledged aspects and their importance, sub Saharan Africa “SSA” falls behind other regions in infrastructure services and its quality, and this gap is increasing over time. * This is intensely showed in the energy sector, with around 800 million population, the 48 sub Saharan Africa countries produce all together about as much power as Spain, which has only 5.5% of the population of the SSA countries. * Investment in maintaining the current infrastructure is also lagging behind, leaving many African countries with deteriorated and inefficient infrastructure services; conditionally poor roads, railways, ports and weak information and communication technology services. * The depressing situation of infrastructure deficiencies is also combined with the unpredicted urban growth which resulted in the explosion of informal settlements (slums) all over the African continent (Blinde and mayor, 2001). * Another characteristic of urbanization in SSA is that it’s

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