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This paper discusses various ways of financing infrastructure under public private partnership (PPP) arrangements in Africa. The paper presents the standard literature on the relationship between infrastructure investment and economic growth, highlighting the contradictory findings in the...
With increased competition in major markets forcing business to adapt to just in time production and management systems, flexibility, speed and reliability in delivery of goods have assumed significant importance. Yet, for many African countries, inadequate infrastructure and poor transport...
Evidence abounds to support the view that economy of sub-Saharan Africa (SSA) has been growing in recent times, but there is considerable concern that the growth has not been accompanied by economic transformation. The lack of economic transformation is traceable to low level of investment in...
An adequate supply of infrastructure services has long been viewed by both academics and policy-makers as a key ingredient for economic development. Sub-Saharan Africa ranks consistently at the bottom of all developing regions in terms of infrastructure performance, and an increasing number of...
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