State of Africa's Infrastructure Report 2024

The Infrastructure Imperative: Igniting Africa’s Industrial Renaissance

In line with our mandate to develop, de-risk and finance the infrastructure that will enable Africa’s industrialisation, the Africa Finance Corporation has initiated an annual study on the State of Africa’s Infrastructure. This deep-dive examination strengthens our appreciation of the continent’s infrastructure landscape, spotlighting critical gaps and offering new insights into the core sectors of power, transport, logistics, digital communications, and commodity based value chains. Our findings not only quantify the magnitude of Africa’s infrastructure opportunities but also serve as a strategic guide for prioritizing investments. These investments are crucial for driving the structural transformation of African economies, promoting sustainable growth, empowering our people across the continent, and finally putting Africa on a path to overcome the vicious cycle of boom-bust economies affected by volatility in global commodity prices.

Press release
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