East Africa’s poor infrastructure is a significant impediment to doing business in the region. Electricity costs between 18 to 22 US cents on average in the region – and it’s not always available – whereas Ethiopia, right next door, can sell electricity at 5 US cents per kWh.

To build the rail links planned across the region, over US$ 30 billion is needed, and public funds can’t provide all of it. Findings show that the problem isn’t a lack of private capital but a lack of sensible ways to invest it in infrastructure.

Source: CGTN Africa