The Changing Landscape of Infrastructure Finance in Africa : Nontraditional Sources Take on a Growing Role

The Changing Landscape of Infrastructure Finance in Africa : Nontraditional Sources Take on a Growing Role

Africa has traditionally depended on official development assistance to meet its infrastructure needs. But a growing share of the region's infrastructure finance is now coming from nontraditional sources. Leading this trend is non-Organization...

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Bibliographic Details
Main Author: Foster, Vivien
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
AID
AID AGENCIES
BILATERAL AID
DEVELOPMENT AGENCIES
DEVELOPMENT ASSISTANCE
DEVELOPMENT IMPACT
DEVELOPMENT ISSUES
DRIVING
ECONOMIC DEVELOPMENT
FINANCIAL CLOSURE
GENERATION
GENERATION CAPACITY
INFRASTRUCTURE FINANCE
INFRASTRUCTURE PROJECTS
INTERNATIONAL DEVELOPMENT
POWER
POWER PLANTS
POWER SECTOR
RAIL
RAIL SECTOR
RAIL TRANSPORT
RAILROAD
RAILWAY
RAILWAY LINES
RESOURCE DEVELOPMENT
ROADS
SANITATION
SUSTAINABLE DEVELOPMENT
TECHNICAL ASSISTANCE
TRANSPORT PROJECTS
WATER SUPPLY
Online Access:http://documents.worldbank.org/curated/en/2008/10/10201096/changing-landscape-infrastructure-finance-africa-nontraditional-sources-take-growing-role
http://hdl.handle.net/10986/10585
Description
Summary:Africa has traditionally depended on official development assistance to meet its infrastructure needs. But a growing share of the region's infrastructure finance is now coming from nontraditional sources. Leading this trend is non-Organization for Economic Co-operation and Development (OECD) financiers, chiefly China, India, and Arab countries. While Arab funds have been operating in Africa for decades, China and India began to step up their involvement in the early 2000s. Flows from these non-OECD sources are now broadly comparable to traditional development assistance in dollars committed. The largest flows have gone to power especially hydropower and rail transport.

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