ICA Annual Report 2011 - The Infrastructure Consortium for Africa

ICA Annual Report 2011
5. External Financial Support to African Infrastructure
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Figure 2
The Big Picture – External Financial Support to African Infrastructure
Billions of Dollars
Source: ICA 2012
Figure 2 displays external financial support to African infrastructure from 2008 to 2011. Total commitments for
infrastructure in Africa in 2011 sharply fell to USD41.5bn as compared to 2010, representing a significant decrease
(26%) from the previous year’s figure (USD55.9bn).
Commitments made by ICA members in 2011 amounted
to USD11.9bn, 59% less than 2010 (USD29.1bn). The
PPIAF 7 tracked in the Infrastructure Projects Database
a similar figure for private sector commitments slightly
below ICA members’ commitments at USD11.5bn.
The largest source of commitments was from China,
where bilateral support increased by 66% to reach
approximately USD14.9bn 8 in 2011. There is no
official information available on Chinese commitments
to African infrastructure, and so this estimation is
based on independent ICA research. The Secretariat
has compiled a detailed list of projects with Chinese
involvement in 2011, similar to the 2010 Annual Report.
Results are presented in Annex 14 “Project list of
Chinese commitments to African infrastructure projects
in 2011”.
Other support includes commitments from Arab Funds
and African Regional Development Banks, totalling
amount of USD3.2bn. Arab Funds aid to African
infrastructure remained slightly below USD3.1bn.
Support from African Regional Development Banks
also fell to USD0.1bn 9 . ICA anticipated that Indian
engagement would further decrease as low as
USD0.05bn 10 in 2011.
Sebastian Mogos-Lindemann, November 2012
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