In 2017, the Global Infrastructure Hub, in partnership with Oxford Economics, launched the Global Infrastructure Outlook study to explore how much the world needs to invest in infrastructure in the years to 2040, and in which sectors this investment would be needed. This paper extends the Global Infrastructure Outlook research to cover all 10 of the G20’s ‘Compact With Africa’ (CWA) countries. In the first part of our analysis, we estimate the total infrastructure investment needs of the 10 CWA countries between 2016 and 2040 to be US $2.0 trillion (this is our forecast of "relative investment need"). This is equivalent to 6.8 percent of total projected GDP for the 10 countries over that period.
In the second part of our analysis, we adopt a different modelling approach to examine the CWA countries’ needs for power, water and sanitation infrastructure, and assess the investment required to meet the absolute benchmark of universal provision by 2030, in line with the UN Sustainable Development Goals. We find that for the 10 CWA countries to meet the goals for universal access to electricity, water and sanitation, an additional US $383 billion of investment would be needed between 2016 and 2030, over and above that implied by our “relative investment need” scenario for that period.
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