Exploiting natural resources for financing infrastructure development: policy options for Africa

Abstract

Africa current infrastructure deficit is a major challenge to unlocking the continent’s potential for economic resurgence. Addressing this deficit must be prioritized for pursuing multi-sectoral growth. The African mining vision(AMV) put forward by the African Union Commission (AUC) has called for a resource-based African industrialization and development strategy (RAIDS) in light of the current upswing in prices of the continent’s commodities. This report therefore explores how mining investment can be used to develop partnerships in the financing of economic infrastructure, to help narrow the current deficit.