The effect of Covid-19
Covid-19 is already affecting African business as factories are being forced to shut due to fear of the virus spreading and trade partners from different continents are banning exports, leaving Africa in need of certain goods. Other continents are able to ban exporting and importing due to their large stock capacity and existing internal supply chains, highlighting how essential investing in supply chain infrastructure is for Africa.
The impact of investments
Loans, although delivered with good intentions, are not what Africa currently needs, as the aid will only contribute to the area falling further into debt. Investment, however, is the solution Africa needs to not only navigate Covid-19 but also to solidify the long-term profitability of Africa. African businesses can help bring critical supplies to where they are needed, but require new infrastructure to store and distribute their goods.
The future of supply chain infrastructure in Africa
Prior to the pandemic, Africa was emerging as a fast-growing market for goods and services, and this does not have to end because of Covid-19. Investment partners with African businesses will still see long-lasting profits from their infrastructure development investment, long after we as a world come together and beat the virus. Infrastructures that hold supplies, distribution services, healthcare facilities and accommodation will be used long after the pandemic is over.
Supply chain infrastructure – where to find out more
If you are considering investing in supply chain infrastructure, naturally, you’ll want to ensure your investment is as useful and profitable as possible. If you want to pursue new developmental solutions in Africa and enhance the economic growth of your business and the continent, infrastructure investment could be the right choice for you.
We provide project consulting services, transaction advisory services, and finance and investment services to help businesses identify, manage and deliver infrastructure projects across Africa. The investment opportunities we create yield real returns for our partners and, in turn, build a stable platform for ongoing investment throughout the regions in which we operate. Please get in touch to discuss how we might help you profit from investment in African infrastructure.
About The Author
Tunde is the founder of UK-based Jabiut Development Partners; a strategic development, infrastructure finance and project consulting organisation. He is actively involved in major programme delivery and strategic advisory; providing numerous organisations and arms of government with advice on capital projects, project financing and infrastructure concession placement.
Tunde Ajia examines infrastructure challenges & opportunities in Nigeria during a period of unprecedented growth & economic expansion. Originally published in Oxford Urbanists,
It’s twenty years since The Economist described Africa as a “hopeless continent”. In the two decades since then, Africa has undergone a quiet revolution in growth & governance. GDP has tripled over the past twenty years and is now tipped to lead global growth.
Africa is now being talked about as a future driver of global growth, as are more developed parts of the world. It represents a real opportunity for smart investment, especially for infrastructure. We look at investment opportunities.