Click here to register: ow.ly/mq0i50CBi6k ... See MoreSee Less, CESA discusses smart infrastructure for African cities http://ow.ly/tcU750CCAua, Join us for 'WasteCon: Unpacking SA's Premier Waste Event' webinar on Tuesday, 8 December 2020. Following significant debt relief efforts throughout the 1990s/2000s, many African countries are again reaching high debt levels. African Economic Outlook 2019. The BRICS Development Bankâs Strategy for 2017-2021 focuses on financing sustainable development and infrastructure projects in BRICS and other economically more developed countries. Improved economic growth across Africa has been broad, with variation across economies and regions. The murder rate increased rapidly towards the end of Apartheid, reaching a peak in 1993.It then decreased until bottoming out at 30 per 100,000 in 2011, but steadily increased again to 38 per 100,000 in 2019. Strategic infrastructure projects. Funding infrastructure development essential for inclusive growth in Africa Published by SA Construction News The World Economic Forum for Africa, which took place in Cape Town, South Africa in early September 2019, focused on the theme of shaping inclusive growth and shared futures in the Fourth Industrial Revolution. There is some concern that the state does not have the institutional or financial capability to implement the investmentâ¦ The African Continental Free Trade Area is a landmark achievement, in the context of the continentâs long and rich history, in fostering regional integration to unify the continent. The government has courted foreign direct investment to lure investors into areas that need infrastructure, and foreign companies often build, own anâ¦ Click the link below to read up on all you infrastructure news: http://ow.ly/p8nP50CAiCI, Panelists were of the opinion that smart infrastructure is that which is sustainable, appropriate, and caters to the needs of South Africa’s multifaceted spatial landscape. A Summary of the South African National Infrastructure Plan [PDF] (3 MB) Government's year of delivery 2012/2013 [PDF] [2 MB] Related links: Infrastructure Development Act 23 of 2014, 2 June 2014; The State of South Africaâs Economic Infrastructure: Opportunities and challenges 2012 [PDF] [9 â¦ Tel: +27 (0)11 339-2021 | firstname.lastname@example.org. DBSA is a key funder ... and objectives of South Africaâs National Development Plan and the United Nations ... billions of dollars towards infrastructure development in South Africa. Tracking 448 large-scale transport projects (road, rail and bridges) across Africa at all stages of development from announcement to execution with a â¦ Since its establishment in 2004, InfraCo Africa has developed thirteen projects through to Financial Close. South Africa now has a coordinated national infrastructure plan which was launched by President Zuma in his State of the Nation Address in February 2012. Ramaphosa has announced additional special envoys on investment and established a dedicated investment and infrastructure office in the Presidency. The challenge is to maintain and expand its electricity, water, transport and communications infrastructure in order to support economic growth and social development goals. The Economic Commission for Africa has consistently highlighted this position culminating in the position paper for the 2015 Addis Ababa Action Agenda on Financing for Development. Africa - Middle East 4.5% Intra Central America/Caribbean 4.3% Africa - North America 2.9% Intra China & South West Asia 6.9% Africa & Middle East - Central America/Caribbean 4.3% Intra Europe 2.7% Africa & Middle East - South America 3.8% Intra Middle East 3.6% Central America/Caribbean Domestic 4.3% Intra North America 2.6% The summary below shows the percentage infrastructure spending makes up of South Africa's total budget for the next three years. ICT Infrastructure 2019 conference and exhibition will bring together leading thinkers and doers around the theme âICT Infrastructure to fuel the growth of South Africaâs economyâ.. 27 Sep 2019. Africa has often seen constrained investment into its infrastructure because of the lack of a benchmark. While infrastructure financing remains high on the development agenda of African countries, Africaâs infrastructure financing deficit remains persistently large. 1,6 million local and international tourists visited the Kruger National Park in 2015 . Infrastructure funding is largely provided by South Africaâs national government. Government ups the ante on infrastructure Wednesday, February 20, 2019 Governmentâs Infrastructure Fund is set to receive a R100 billion over the next decade as the state steps up its infrastructure programme by partnering with the private sector. Liesl Frankson | Jan 9, 2019 | News | 0 comments. Join us for our 'WasteCon: Unpacking SA's Premier Waste Event' webinar on Tuesday, 8 December 2020. Funding to infrastructure development in Africa hits $100 billion 18th November 2019 EABW Editor 0 Comments The Infrastructure Consortium for Africa (ICA) has announced a 24% leap in infrastructure financing in Africa in 2018, surpassing $100 billion for the first time, but significant financing gaps remain. In the context of the global pandemic, the effects of climate change are biting down like never before, with wide-spread environmental and human health challenges. Proudly brought to you by @IWMSA, we will be unpacking why everyone in the waste sector should attend #WasteCon and what to expect. In addition to being BRICS partners, South Africa and China have a history with 20 years of diplomatic cooperation and frequent trading, reaching a bilateral trade value of $39.17 billion in 2017. Why does infrastructure development matter right now? However this situation is set to change with the launch of the continent’s first infrastructure performance index. future that gives substance to the long-term National Development Plan and certainty to South Africaâs infrastructure development. Latest news on infrastructure in the construction sector, focusing on industry trends and new developments and also highlighting challenges facing the sector including lack of government tenders InfraCo Africa is part of the Private Infrastructure Development Group (PIDG): it is managed as a private company although funded by governments in the UK , the Netherlands and Switzerland . 40% of all convention delegates in South Africa return in the next five years as tourists. Six of the worldâs fastest growing economies are in Africa! In 2019/20 an additional allocation of R120 million, approved through the Budget Facility for Infrastructure (BFI), will help fund student housing programmes at the Nelson Mandela University, Sefako Makgatho Health Sciences University and the Vaal University of Technology. Aside from the impressive keynote lineup, ICT Infrastructure 2019 featured almost 20 other presentations covering cloud, energy, business, security and skills development. The objective of this event is to disseminate findings from two GEG research papers into the state of debt levels on the continent and appropriate debt management strategies, as well as the development of infrastructure as an asset class as a way of mobilising institutional investments for infrastructure development. The second session provides an overview of debt levels across African countries, whilst proposing effective debt management strategies from two case study countries: Nigeria and Morocco. Proudly brought to you by the Institute of Waste Management of Southern Africa (IWMSA), we will be unpacking why everyone in the waste sector should attend #WASTECON and what to expect from a regulatory and academic perspective. The Africa Infrastructure Development Index (AIDI) is produced by the African Development Bank. The South African Institute of International Affairs (SAIIA) is an independent public policy think tank advancing a well governed, peaceful, economically sustainable and globally engaged Africa. Sign up for the SAIIA e-newsletter and publication notifications: Â© All rights reserved South African Institute of International Affairs (SAIIA). 2021/2022: 16.1%. The virtual event will be hosted on 14 â 15 April 2021. The advent of emerging countries as bilateral financiers, private financiers and sovereign bond issuances by African countries has produced alternative options for African countries to reduce the infrastructure financing deficit. Parastatal companies also undertake infrastructure development in some sectors, while other initiatives include the governmentâs Expanded Public Works Programme, and public-private partnerships. Tourism directly contributed R136,1 billion, about 2.9% of the total South â¦ 2020/2021: 16%. What is the current state of debt across the continent and how do different actors view the current situation? Africa has often seen constrained investment into its infrastructure because of the lack of a benchmark. However this situation is set to change with the launch of the continent's first infrastructure performance index. It specifically draws on experiences from South Africa, Ghana, Nigeria, Kenya and Botswana. 8 903 773 foreign tourists visited South Africa in 2015. Publishes on development policy and practice in the southern Africa region related to topics such as poverty, unemployment, tourism, business and infrastructure 2019 AFRICAN DEVELOPMENT BANK. The Global Economic Governance Programme (GEG) and the South African Institute of International Affairs (SAIIA) would like to extend an invitation to you to participate in an expert group meeting exploring debt sustainability and the development of infrastructure as an asset class in Africa. Infrastructure Africa will connect industry stakeholders, foster dialogue, provide leading-edge information, promote investment and expansion, as well as facilitate business development around Africaâs growth and infrastructure needs. Yet, the infrastructure financing milieu in Africa has changed dramatically over the past two decades. Presenters delivered high-quality and informative talks which meant that delegates truly achieved professional development and did not just have an easy day or two out the office. Recent figures released revealed that the South African economy contracted by 3.2% in the first quarter of 2019 relative to the first quarter of 2018, with the agriculture, mining and manufacturing industries showing the most significant decline.