Publication: The Changing Landscape of Infrastructure Finance in Africa : Nontraditional Sources Take on a Growing Role
Date
2008-10
ISSN
Published
2008-10
Author(s)
Abstract
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.
Citation
“Foster, Vivien. 2008. The Changing Landscape of Infrastructure Finance in Africa : Nontraditional Sources Take on a Growing Role. Gridlines; No. 43. © World Bank, Washington, DC. http://openknowledge.worldbank.org/entities/publication/5942df01-540e-53f8-ada7-e076c1252166 License: CC BY 3.0 IGO.”