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South Africa’s president urges stronger funding and African-led coordination to close a $130B–$170B annual infrastructure gap for growth and connectivity.
South African President Cyril Ramaphosa has called for stronger political commitment, better coordination, and sustainable financing to accelerate Africa’s infrastructure development, stressing its importance for economic growth, trade integration, and inclusive development.
Speaking at the Presidential Infrastructure Champion Initiative meeting, he highlighted progress on major projects like the Trans-Sahara Highway and fibre optic links, while noting a persistent annual funding gap of $130 billion to $170 billion.
He urged transforming the PICI Secretariat into a project facilitator and emphasized African-led leadership in driving continental connectivity and prosperity.
El presidente de Sudáfrica insta a una financiación más fuerte y a una coordinación liderada por los africanos para cerrar una brecha de infraestructura anual de $ 130B $ 170B para el crecimiento y la conectividad.