(World Bank, Washington, DC, 2012-02)
In the first semester of 2011, three new
projects reached financial closure in Sub-Saharan Africa,
representing investment commitments of US$697 million.
Investment in the first semester of 2011 increased by 27
percent compared with the first semester of 2010, and has
risen steadily since the financial crisis of 2008. By number
of projects, activity in 2011 decreased by 50 percent
compared with the first semester of 2010 indicating fewer,
larger projects. The three projects in Sub-Saharan Africa
were notable for their use of financial products from
multilateral and bilateral agencies.