How infrastructure can boost competitiveness of Africa’s economy ...Middle East

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How infrastructure can boost competitiveness of Africa’s economy
Afreximbank With Nigeria and 27 African countries doubling their population in the past 30 years amid an estimated annual infrastructure deficit of $170 billion, there is a need for African leaders to scale up interest in critical infrastructure and harmonise policies to facilitate trade, connect Africa to the rest of the world and establish the continent as a major investment hub. Indeed, Africa’s total population has increased significantly and currently stands at over 1.4 billion with the figure expected to be near 2.5 billion by 2050, according to the United Nations. In 2023, the continent had around 1.36 billion inhabitants, with Nigeria, Ethiopia and Egypt as the most populous countr

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