Infrastructure projects were negatively impacted by the pandemic. We continue to work with partners in the public and private sectors to address Africa’s infrastructure deficit.
Africa continues to grapple with major infrastructure deficits. Improvements to energy, water, transport and telecommunications infrastructure are crucial to facilitate economic growth and create opportunities for job creation and human development, while public infrastructure, like schools and housing, is needed to help people improve their standards of living and future prospects.
The Covid pandemic created severe budgetary constraints for governments around the world. Across Africa, large-scale development projects had to be delayed or put on hold, owing to the diversion of public funds to fight the pandemic, disruptions to global supply chains, restrictions on movement/cross-border travel, and social distancing requirements.
We support the development of infrastructure to enable inclusive and sustainable industrialisation by:
Financing large-scale infrastructure projects
Partnering with our clients to ensure environmental and social risks are appropriately managed and minimised
Working closely with partners in the public and private sectors to address Africa's infrastructure deficit