Skip to main content

Africa's road requirement

Development of road transportation is the key to the future of the African economy, according to a report by a transport infrastructure expert at the New Partnership for Africa's Development (NEPAD).
March 2, 2012 Read time: 1 min
Development of road transportation is the key to the future of the African economy, according to a report by a transport infrastructure expert at the 3553 New Partnership for Africa's Development (NEPAD). Within the next 15 years, the value of trade in Africa could reach US$250 billion if a $32 billion investment is made to integrate Africa's road infrastructure. NEPAD's traffic expert, John Tambi, said that Africa could be integrated with a new road network measuring a total of 60,000-100,000km. Africa currently has a road network of 10,000km and continental trade of $200 billion/year.

For more information on companies in this article

Related Content

  • Russia ploughs ahead with road expansion
    October 14, 2022
    Despite Western economic sanctions, Russia plans a record road building programme up to 2027, as Eugene Gerden reports
  • Develop the Silk Roads, boost economic growth
    April 12, 2012
    Tony Pearce, honorary life member and former director-general of IRF Geneva, recalls the history of the Silk Roads, highlights their continued economic relevance and introduces IRF's active long-term commitment to their rehabilitation.
  • S&P Global Rating: credit stability for toll road operators
    August 14, 2017
    The outlook is generally stable for business conditions and credit quality for toll roads worldwide, according to the latest survey from ratings agency S&P Global.The exception is the US where the overall outlook is “positive”, noted the report S&P Global Ratings' 2017. The 21-page report considers broad economic and industry-specific trends. It looks at economic conditions, demographic trends and geopolitical risks that affect the movement of people and goods. “We expect stable or improving, but still frag
  • China looks to the future with major highway plans
    February 15, 2012
    China is still moving ahead with plans that will give it the world's biggest highway system. Patrick Smith reports. As China's economy grows even more, keeping the country on the move has become a priority for the government. While the country has made great strides over the past decade in improving its infrastructure, the number of vehicles has also increased rapidly, and in some instances restrictions have been placed on them.