
..Two-day side event in Johannesburg seeks to mobilize global capital and deepen intra-African
investment.
Africaโs infrastructure challenges and investment opportunities will take center stage when
global leaders, financiers and development experts gather in Johannesburg for a high-level side
event ahead of the G20 Summit in November.
In a press release signed by its president/CEO, Dr. Alfred Chiakor, and made available to
journalists on Thursday, the Africa Think Tank for Infrastructure Development (ATTID)
announced that it will host the Infrastructure and Sustainable Development Side Event on Nov.
20โ21 at the Capital Empire Hotel in Sandton.
The meeting, themed โEnhancing Africaโs Infrastructure Transformation Agenda through
Investments and Partnership,โ will proceed the Nov. 22โ23 G20 Summit of industrialized natio
South Africa under the chairmanship of former President of the United Republic of Tanzania,
His Excellency, Dr. Jakaya Mrisho Kikwete, with Nigeriaโs President Bola Ahmed Tinubu as
Special Guest of Honour and Irina Unkovski , international PPP and infrastructure specialist, as
the Keynote speaker.
Organisers say the forum will bring together world leaders, executives of international
development agencies, global banks, private investors, and regional economic commissions to
chart a roadmap for transforming Africaโs infrastructure backbone. The gathering is expected to
set the tone for deeper global partnerships at the G20 and beyond.
Africaโs infrastructure deficit remains one of the continentโs biggest barriers to growth,
according to ATTID. The African Development Bank estimates that the region needs between
$130 billion and $170 billion annually to meet its development goals in energy, transportation, water, sanitation, and urban systems. Poor infrastructure, officials note, has already cost
African economies up to 40% in productivity losses and sliced two percentage points off annual
growth.
Despite these gaps, the investment picture is shifting. Foreign direct investment (FDI) flows to
Africa climbed from $53 billion in 2023 to $97 billion in 2024, or about 6% of global FDI, UN
Trade and Development data show. North Africa led the inflows, buoyed by energy and
transport projects, while sub-Saharan Africa saw rising intra-regional investment from players
such as Dangote Group, MTN, and leading Nigerian banks.
Still, the continent faces steep hurdles. The World Bank reports that 22 African countries are at
high risk of debt distress, and sub-Saharan Africaโs median debt-to-GDP ratio has nearly
doubled since 2010. Weak road networks, underperforming railways, and costly transport
logistics continue to stifle regional trade, which accounts for just 31% of commerce compared
with 53% in emerging Asia.
ATTID leaders argue that innovative financing and partnerships are crucial. The side event will
highlight successful models such as Egyptโs $10 billion Ras El Hekma megaproject with the
United Arab Emirates, Ethiopiaโs light rail system, and the AfDB-backed Enugu-Bamenda
Highway linking Nigeria and Cameroon. Such initiatives, they say, prove Africa can deliver high
returns for investors while addressing pressing development needs.
The forumโs agenda includes business sessions on financing models, regional linkages, and
public-private partnerships. Organizers expect the meeting to generate new investment
pipelines, strengthen advocacy for infrastructure funding, and foster collaboration between
governments, international lenders, and private sector stakeholders.
โThe side event provides an auspicious window to deepen intra-African and global investment,โ
said Dr. Chiakor. โIt is a clarion call to investors to tap into Africaโs infrastructure transformation
that promises enduring returns.โ
By the close of the two-day summit, ATTID hopes to secure commitments that will accelerate
Africaโs integration into global value chains and position infrastructure development as a pillar
of sustainable growth. Observers say the discussions in Johannesburg could shape Africaโs
economic trajectory for decades, and help ensure the continentโs fast-growing population of
1.5 billion people benefits from inclusive development.
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