In an op-ed for African Business Magazine, Tidiane Doucoure—Director of EM Alternative Credit at Ninety One and fund manager of The Private Infrastructure Development Group company Emerging Africa Infrastructure Fund (EAIF) —advocates for mobility to be adopted as an investment approach that deepens the connections between people, goods and places. Within the article, Tidiane writes that 'the growth of Africa's population from close to 1.3 billion to 2.5 billion by 2050 underscores the urgency to invest in mobility and transport infrastructure across the continent and provides multiple routes to securing commercially sound returns. The region needs more private investment to deliver the development gains required as rural-urban migration increases, cities swell in size, and the speed of demographic shifts accelerates.' Tidiane urges private capital to unlock African mobility and accelerate infrastructure development as a powerful play to improve social inclusion, drive climate action and boost productivity. Click https://lnkd.in/emVuFr4v to read the full text. #infrastructure #mobility #investment #privatecapital #africandevelopment #privatedebt #impact #africa
Mariana G.
8mo
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Managing Director & Founder at Mobility for Africa
8moIndeed and electric transport should allow us to think out of the box to tackle mobility at the bottom and at the top as well as rural and urban. All the infrastructure built during the 19th century in Africa was to extract minerals. Now we need those critical minerals not just to be exported but to drive Africa’s own transition to green inclusive and sustainable transport that meets the needs of the majority of people. Exciting times ahead if the investment comes fast and with a much more ambitious transformation of the continent at the heart of it it.