Infrastructure is critical. It is the basic framework upon which all countries are built and is vital for any community and economy to thrive.
Infrastructure is central to the health and education of any human population, as well as to the continued growth of a country’s economy.
It provides safe, clean water to communities via water treatment plants and pipe systems. It includes the structures and grids, which generate and deliver power to communities and businesses. It connects communities to one another and to the outside world through communication networks. It facilitates trade and tourism through roads, trainlines and airports, which also allow the delivery of materials and personnel to build further infrastructure.
Historically, investment in Western Africa hasn’t been a simple proposition. There are many challenges to overcome including governmental changes; attitudes towards perceived corruption; red tape and inadequate or opaque local jurisdictional pitfalls. All these result in the infrastructure ‘catch 22’ whereby the lack of infrastructure in these
regions makes it more difficult to implement and manage the projects that would provide these
Infrastructure Funding Distribution by Region 2017
Africa’s Infrastructure Funding (2017)
With the world’s population growing, and urbanisation and industrialisation always on the rise, there is a constant need for improved investment in infrastructure through both government spending and private sources. Some nations are able to keep up with this demand – typically those whose existing infrastructure can provide a stable environment to facilitate ongoing development. However, for developing nations that do not already have adequate roads or networks to deliver water, electricity or communications, it is becoming increasingly difficult to bridge that gap. And as the gap widens, these nations’ populations continue to grow which adversely impacts their economies, thus the heightened need for improved infrastructure grows greater and greater. It’s a vicious cycle that needs to be disrupted, which is something we are committed to doing.