By Redaction ARPS Media with AFC
Africa Finance Corporation (AFC) has released the 2025 State of Africa’s Infrastructure (SAI) Report. It reveals that Africa has over $4 trillion in domestic savings, highlighting opportunities for African-led investments in infrastructure. Here are the key points:
1. Energy Investment Gap: Africa’s energy sector requires substantial investment. In 2024, only 6.5 gigawatts (GW) of new power grid capacity were added. There is a strong need for power systems that connect across countries.
2. Rail Infrastructure Renaissance: More than 7,000 kilometers of new rail lines are under construction or planned. This aims to double the rail expansion in the next ten years.
3. Industrial Value Chains: Important sectors, such as steel, fertilizers, and oil refining, require better investment. This will help reduce reliance on imports and improve competitiveness in the region.
AFC’s President, Samaila Zubairu, emphasizes the importance of utilizing Africa’s financial resources for enhanced infrastructure development. The full report offers valuable insights for investors and policymakers.
Read original article at: AFC – News insights news
