Urgent US$621 Billion Need for Africa to Meet UN Sustainable Development Goals for Drinking Water, Sanitation and Electricity - Seite 2

"However, the huge challenge of delivering the UN SDGs is not only a matter of finance, but also of policy reform-we need strong governance and well-planned projects in these 10 countries."

The second report published by the Global Infrastructure Hub today, InfraCompass: Set your Infrastructure Policies in the Right Direction in the Compact with Africa Countries, provides a holistic view of the policy drivers that deliver more and better infrastructure. According to the report, to maximise the investment opportunities for the 10 countries, work needs to be done to improve governance and regulatory and institutional frameworks.

InfraCompass finds that Morocco and Rwanda are notable performers, marked by their improvements to their regulatory quality, rule of law, and investment and competition frameworks.

"Private investors are a key component to bridging the infrastructure investment gaps and, although institutional investors are willing to participate, they are also wary of the risks," Mr Heathcote explained.

"Working with these countries to undertake reform and capacity building will pay dividends in encouraging higher levels of sustainable economic growth."

Head of Infrastructure Policy and Project Preparation at the European Bank for Reconstruction and Development (EBRD) Matthew Jordan-Tank said, "The Outlook and InfraCompass reports resonate with our experience in Africa.

"The findings point to clear and important guidance for public and private sector stakeholders alike. In order to plan, prioritise, tender, finance and monitor infrastructure of high quality, there needs to be a focus on improved regulatory approaches and the strengthening of national institutions. EBRD looks forward to collaborating with the Global Infrastructure Hub on these efforts."  

The two reports were researched and developed over a six-month period in partnership with Oxford Economics (Outlook) and KPMG (InfraCompass). Both are available in an interactive format on our open access platform at https://www.gihub.org.

Notes to editors 

The full Global Infrastructure Outlook: Forecasting infrastructure investment needs and gaps report and online tool can be found at: https://outlook.gihub.org

The full InfraCompass: Set your infrastructure policies in the right direction report and online tool can be found at: https://infracompass.gihub.org

About Global Infrastructure Outlook