AfDB cites gross underestimation of funds needed to close Africa’s infrastructure gap - | cape town south africa vacation

April 17, 2018 9:30 am Categorised in:

It turns out we have been grossly underestimating the cost of closing Africa’s infrastructure gap by anywhere between 40 and 80%. The old estimate, from 2006, was that African states needed to spend $93 billion a year to develop better broadband, water and sanitation, power and transport networks. But as CGTN’s Ramah Nyang explains, that estimate is way below the actual funds needed.

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