Attracting Private Investment to Build Infrastructure in Africa May Sound Like a Great Idea, but It’s Really Difficult in Practice

With the launch of the G7’s new “Build Back Better World” initiative (B3W) that aims to distinguish itself from China’s Belt and Road Initiative (BRI) by channeling private sector capital to build infrastructure in developing countries, three senior leaders in the International Monetary Fund’s Africa department argued in a blog post on Monday that such funding will be difficult to achieve.

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The post Attracting Private Investment to Build Infrastructure in Africa May Sound Like a Great Idea, but It’s Really Difficult in Practice appeared first on The China Africa Project.



source https://chinaafricaproject.com/2021/06/15/attracting-private-investment-to-build-infrastructure-in-africa-may-sound-like-a-great-idea-but-its-really-difficult-in-practice/

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