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Private capital investments in African infrastructure decreased in 2024

Private capital investments in African infrastructure decreased in 2024

Of Traffic light Africa

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Private private capital investments in African infrastructure projects decreased to $ 1.4 billion in 2024, from $ 2.3 billion in 2023, A new report found.

The continent is facing critical infrastructure gaps – from power to digital connectivity – with an annual financing hole of $ 100 billion for such projects, according to Global Private Association data.

But while this deficit holds African enterprises and consumers, “These structural Deficiencies also create openings For private capital investors ” To bypass the inherited models and to direct their money to more innovative technologies, said GPCA.

Infrastructure investments represented 42% of the private capital implemented in Africa from 2023, with funds in sectors, including renewable energy, telecommunications and transport.

Alexander Onukwue