Global Poverty Roundtable: Power and Roads for Africa
January 31, 2008
The Trade, Aid and Security Coalition invites you to Central to the issue of growth in Africa is the development of the private sector. Without the creation of jobs and businesses, there is no real chance for many Africans to raise their standardsof living or their quality of life. From extensive surveys of private sector businesses carried out over the past decade, we are learning that the high cost of energy is one of the key factors behind the poor performance ofthe private sector in many African countries. Poor transportation infrastructure is also very problematic. There is an urgent need for the United States to back a Clean Infrastructure Initiative for Africa that will enable the construction of roads and the provision of modern energy through a variety of renewable energy sources. Multilateral development banks must also shift their focus towards regional solutions to the infrastructure crisis.
|


