TF7 – Infrastructure Investment and Financing
G20 SUPPORT FOR IMPROVED INFRASTRUCTURE PROJECT CYCLES IN AFRICA
ABSTRACT
This policy brief argues that new, African-led infrastructure models are needed to support Africa’s economic transformation. We argue that the G20, including the Compact with Africa initiative, should support implementation of such models. In particular financing for
infrastructure is slow and cumbersome with traditional partners. While non-traditional financiers provide faster response times, projects may also suffer in areas of quality and governance. We recommend that the Programme for Infrastructure Development in Africa (PIDA) quality label be applied for wider use, alongside the development of a learning platform that federates fragmented capacity-building initiatives for infrastructure, establishes a community of practice of African infrastructure experts and provides a forum for regional/global peer learning.
AUTHORS
Priyadarshi Dash
Research and Information System for Developing Countries (RIS)
Paulo Esteves
BRICS Policy Center
Rob Floyd
African Center for Economic Transformation (ACET)
Arthur Minsat
Development Center, Organization for Economic Co-operation and Development (OECD)
Aloysius Uche Ordu
SAfrica Growth Initiative, Brookings Institution
Cobus van Staden
South Africa Institute of International Affairs (SAIIA)