African economies have grown at a solid 4% annual average in recent years. The fastest growth has been in resource-rich countries, which have benefited from rising commodity prices.
In almost all cases, however, that performance still falls short of the 7% growth needed to achieve substantial poverty reduction and attain the Millennium Development Goals. Although infrastructure has contributed to Africa’s recent economic turnaround, it will need to do even more to reach the continent’s development targets.
The story of Africa’s development is improving. Six of the world’s fastest growing economies are in Africa. Democratic governance has been strengthened over the past five decades, enabling a platform for stable growth and prosperity in most parts of the continent.
The 6th annual Infrastructure Africa Business Forum will present stakeholders with an opportunity to unpack the enormous growth potential in addressing Africa’s infrastructure needs. Africa, with a population exceeding 1 billion people is well placed as an emerging market, keen for investment and growth.
Sectors to be featured include ICT & telecoms, energy, water, finance and transport.
Infrastructure Africa Business Forum
21 – 22 August 2017, Sandton Convention Centre, Sandton, South Africa