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Africa's infrastructure : a time for transformation / Vivien Foster and Cecilia Briceño-Garmendia, editors.

Lippincott Library HC800.Z9 C324 2010
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Format:
Book
Government document
Contributor:
World Bank.
Africa Infrastructure Country Diagnostic.
Foster, Vivien, 1968-
Briceño-Garmendia, Cecilia.
Series:
Africa development forum
Language:
English
Subjects (All):
Infrastructure (Economics)--Africa.
Infrastructure (Economics).
Africa.
Physical Description:
xxii, 355 pages : illustrations, maps ; 26 cm.
Place of Publication:
Washington, DC : Agence Française de Développement : World Bank, [2010]
Summary:
Sustainable infrastructure development is vital for Africa's Prosperity. And now is the time to begin the transformation. This volume is the culmination of an unprecedented effort to document, analyze, and interpret the full extent of the challenge in developing Sub-Saharan Africa's infrastructure sectors. As a result, it represents the most comprehensive reference currently available on infrastructure in the region. The book covers the five main economic infrastructure sectors-information and communication technology, irrigation, power, transport, and water and sanitation.
Africa's Infrastructure: A Time for Transformation reflects the collaboration of a wide array of Africa regional institutions and development partners under the auspices of the Infrastructure Consortium for Africa. It presents the findings of the Africa Infrastructure Country Diagnostic (AICD), a project launched following a commitment in 2005 by the international community (after the G8 summit at Gleneagles, Scotland) to scale up financial support for infrastructure development in Africa. The lack of reliable information in this area made it difficult to evaluate the success of past interventions, prioritize current allocations, and provide benchmarks for measuring future progress, hence the need for the AICD.
Africa's infrastructure sectors lag well behind those of the rest of the world, and the gap is widening. Some of the main-policy-relevant-findings highlighted in the book include the following: infrastructure in the region is exceptionally expensive, with tariffs being many times higher than those found elsewhere. Inadequate and expensive infrastructure is retarding growth by 2 percentage points each year. Solving the problem will cost over US$90 billion per year, which is more than twice what is being spent in Africa today.
However, money alone is not the answer. Prudent policies, wise management, and sound maintenance can improve efficiency, thereby stretching the infrastructure dollar. There is the potential to recover an additional US$17 billion a year from within the existing infrastructure resource envelope-simply by improving efficiency. For example, improved revenue collection and utility management could generate US$3.3 billion per year. Regional power trade could reduce annual costs by US$2 billion. And deregulating the trucking industry could reduce freight costs by one-half. So, raising more funds without also tackling inefficiencies would be like pouring water into a leaking bucket.
Finally, the power sector and fragile states represent particular challenges. Even if every efficiency in every infrastructure sector could be captured, a substantial funding gap of #31 billion a year would remain. Nevertheless, the African people and economies cannot wait any longer. Now is the time to begin the transformation to sustainable development.
Contents:
Africa's infrastructure : a time for transformation
The Africa Infrastructure Country Diagnostic
Meeting Africa's infrastructure needs
Closing Africa's funding gap
Dealing with poverty and inequality
Building sound institutions
Facilitating urbanization
Deepening regional integration
Information and communication technologies : a boost for growth
Power : catching up
Transport : more than the sum of its parts
Roads : broadening the agenda
Railways : looking for traffic
Ports and shipping : landlords needed
Airports and air transport : the sky's the limit
Water resources : a common interest
Irrigation : tapping potential
Water supply : hitting the target?
Sanitation : moving up the ladder.
Notes:
"Presents the findings of the Africa Infrastructure Country Diagnostic (AICD)"--P. [4] of cover.
Includes bibliographical references and index.
ISBN:
9780821380413
0821380419
9780821380833
0821380834
OCLC:
377809052

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