DP World report criticises pace of African infrastructure investment

DP World has published a report which calls for more investment in both ‘soft’ and ‘hard’ infrastructure in Sub-Saharan Africa.

According to the World Economic Forum’s 2015 survey of investors, “inadequate supply of infrastructure” was considered the third biggest obstacle to doing business in Africa, after “access to finance” and “corruption”.

DP World’s report, which was prepared by the Economist Intelligence Unit and presented at the Africa Global Business Forum, said that infrastructure development in Sub-Saharan Africa has slowed since 2009. In Southeast Asia, Latin America and the Caribbean on the other hand, infrastructure development has continued to catch up with advanced economies.