Unlocking the Gridlock: Decoding Africa and South Africa's Struggles with Infrastructure Implementation
April 19, 2024
BY: CONWAY WILLIAMS, HEAD OF CREDIT AT PRESCIENT INVESTMENT MANAGEMENT
Corruption, a skills gap, fragmented planning and coordination and political stability stand in the way of infrastructure reaching its potential in driving economic progress and societal advancement across Africa. The pervasive mismanagement of infrastructure projects across the continent, and South Africa as a regional economic powerhouse, has far-reaching consequences for the continent, impeding economic growth, social development, and sustainable progress.