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While the African continent has seen significant economic growth in recent years, it continues to grapple with critical infrastructure challenges that hamper business expansion, service delivery, trade, investment, as well as sustainable development.
In this episode of This Week in Global Development podcast, Devex Executive Vice President and Executive Editor Kate Warren speaks with Alain Ebobissé, CEO of Africa50, during the 2024 annual meetings of the World Bank Group and International Monetary Fund in Washington, D.C.
Since its launch nine years ago, Africa50 has emerged as a key player in bridging the infrastructure gap across the continent, focusing on project development to create a pipeline of bankable projects.
“There's actually quite a few institutions that want to invest a lot more in infrastructure in Africa, but they don't necessarily find projects which are bankable,” Ebobissé said. By learning from successful infrastructure models in other regions, Africa50 aims to deploy its project development expertise and execution without sacrificing quality.
During the interview, Warren and Ebobissé discuss the future of infrastructure in Africa, the importance of climate being built into infrastructure projects, and innovative strategies being employed to create lasting impact across the continent.
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