Category: Infrastructure
Illicit Financial Flows and Inadequate Energy Hinder Africa’s Industrialisation
By Irene Gaitirira Published December 18, 2017 Africa cannot accelerate growth without access to adequate energy. Vera Songwe, Executive Secretary of United Nations Economic Commission for Africa in Addis Ababa, Ethiopia, says under-developed energy infrastructure and growing demand could help attract more private sector investment in the energy-development sector. To attract investment, Songwe told the…
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Market Liberalisation Without Production is Meaningless
By Khalifa Hemed Published October 29, 2017 Opening up of markets in Africa without enhanced production is a recipe for disaster. Said Adejumobi, the Southern Africa regional director of United Nations Economic Commission for Africa (UNECA), says without production, trade and market liberalisation in Africa is meaningless. Adejumobi spoke in Bulawayo, Zimbabwe’s second largest city,…
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Danish Pension Funds to Support African Infrastructure
By Irene Gaitirira Published August 11, 2017 A US$1 Billion fund to support infrastructure and spur sustainable economic growth in Africa has been created. A Danish initiative bringing together four partners, the new fund with a duration of 10 years and initial target of 10 to 15 investments that has received commitments of US$550 Million…
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