Africa's Infrastructure: a time for transformation

Abstract

Africa's growth performance has improved markedly during the last decade. Ten out of 48 countries experienced sustained economic growth in excess of 5 percent for the past three years or longer. But that performance still falls short of the 7 percent growth needed to achieve substantial poverty reduction and attain the Millennium Development Goals. Infrastructure has played a significant role in Africa's recent economic turnaround and will need to play an even greater role if the continent's development targets are to be reached.