Infrastructure Investment In Africa Still Includes Transport

In his photo of Tuesday March 13, 2018,The port of Djibouti seen at night. The tiny Horn of Africa nation of Djibouti is quickly becoming a strategic military and shipping outpost for the world. The Associated Press visited the country that’s home to the only permanent U.S. military base in Africa and China’s first overseas military base as Djibouti hopes to turn its key location on one of the world’s busiest shipping lanes into an economic power. (AP Photo/Elias Messeret)

While the African energy sector has been the focus of infrastructure investment in recent years, transport remains an important investment opportunity on the continent.

Foreign investment in sub-Saharan Africa’s energy sector is at all-time highs. Propelled by the United Nation’s goal to achieve modern energy access for all by 2030, international donors are aggressively targeting spending towards electrification in sub-Saharan Africa.

These focused spending efforts are furthered by government efforts (i.e., Power Africa in the U.S., Belt and Road Initiative in China) to encourage corporate and private equity investment in the space.

Source: Infrastructure Investment In Africa Still Includes Transport