Infrastructure development is a key driver of progress across the African continent and a critical enabler for productivity and sustainable economic growth. It contributes significantly to human development, poverty reduction, and the attainment of the Millennium Development Goals (MDG’s).
One of Sub-Saharan Africa’s top developmental challenges continues to be the shortage of physical infrastructure. Infrastructure in efficiencies are costing Africa billions of dollars annually and are stunting growth. Bridging this gap can only be achieved through regional and continental cooperation and solution finding.
According to a report by the Global Infrastructure Outlook, under current trends scenario, the total infrastructure investment forecasted for Africa by 2040 is US $4.3 trillion, or US $174bn per year. If African economies were able to raise their performance to match that of their best performing peers the total investment need would be US $6.0 trillion, or US $240 bn per year a difference of almost 40%.
Amongst the developing countries in Africa, Tanzania is competing the race to become one of the fastest middle income economy. Tanzania is projected a growth rate of 6.6% in both 2019 and 2020, supported by large infrastructure spending. Headline inflation is projected to marginally increase to 5.2% in 2019 and 5.1% in 2020 due to increased government spending.
Working in line with the Nation’s Vision of 2025, KPM Learning Solutions is taking a step to address the key infrastructure challenges of the region by launching its “Smart Africa Infrastructure Conference” to be held in Dar es Salaam, United Republic of Tanzania on 25th-26th July, 2019. KPM Learning Solutions takes pride to involve all the key stakeholders and the solution providers who is committed in developing a stronger nation.
Key Sector Focus
Who Should Attend?
Ministries, Stakeholders, Policy Makers, MEC's, Members of Parliament, Ambassadors, Infrastructure Development Authorities, Special Advisors, Directors & PS's from Parastatals, Regional and National Government, Donors and Development Agencies, Banks & other Financial Institutions, PPP Companies, Law Firms, Insurance