Africa has a portfolio of around 130 transnational infrastructure projects, yet only 6% are currently under construction.
The challenge lies not in planning but in execution, according to a report by the Boston Consulting Group (BCG).
Three main blockages: poor coordination, funding difficulties, and limited execution capability.
The gap costs Africa an estimated $500 billion in GDP, 74 million jobs, and one million lives each year.
Authors: Thomas Kingombe, Tolu Oyekan, Seddik El Fihri, Trudi Makhaya, Thinesh Vittee, and Aarefah Mathir.
Author's summary: Africa faces execution gap in infrastructure projects.