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RE: African infrastructure development: Where does the money tree that pays for African infrastructure grow? Part 6 in a series

in #africa8 years ago

Hello @kiligirl; another thought-provoking post. While a positive development is the increasing level of African governments' financing into their own infrastructure, it is also a bit worrisome. I think it important to ask the follow-on question of: "What is the source of that financing?" I doubt it is internally generated, meaning it is likely borrowed; pushing countries deeper into "red" ink. A partial answer, I think, is for the governments to realize that they do not need to "own" the infrastructure assets; become much more pro-active in creating environments conducive to private capital inflows; and, thereby, freeing more of their very scarce capital for investments into "social goods" that others are not in a position to finance. I continue to read your posts with great interest!!

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