BUSINESSSEMAFOR
The missing link in Africa's infrastructure boom
Africa's infrastructure projects often fail due to a lack of interconnected supporting infrastructure, as highlighted by Aliko Dangote's $17 billion refinery at Kenya’s Lamu port. The project is part of the LAPSSET transport corridor, which aims to link Kenya, Ethiopia, and South Sudan but has faced delays. The concept of 'corridor finance' emphasizes synchronized investment in connected infrastructure to reduce risks and attract private capital.
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