Date: 21 – 22 July 2014
Venue: Emperors Palace, Johannesburg
Theme: Accelerating the business of Infrastructure
Description: The need for infrastructure development in emerging markets is critical. In most African countries, particularly the lower-income countries, infrastructure emerges as a major constraint on doing business. The cost of addressing Africa’s infrastructure needs is around $93 billion a year, according to the World Bank.
A third of this sum goes towards operation and maintenance, which is often omitted from the infrastructure development conversation. Unreliable power supply is a significant transaction cost for firms operating in the region, and they often resort to self-supply through the use of generators. Water supply, sanitation and transport similarly require substantial investment of an estimated US$ 40.1 billion collectively. The demands for infrastructure development in Africa, however provides ample opportunity for business growth and business expansion across the continent.