ICA Annual Report 2011 - The Infrastructure Consortium for Africa

ICA Annual Report 2011
2. Key Messages and Findings
1. In 2011 overall external financial support to
African infrastructure returned to the same levels as in
2009 (USD39.6bn) after a significant increase of 44 %
(USD55.9bn) in 2010. Total commitment for infrastructure
in Africa in 2011 was USD41.5bn – 26% less than
4. Private sector commitments: PPIAF’s 3 quantification
shows signs of slow down with private sector
commitments falling by 17% to USD11.5bn. Private
sector commitments were at a similar level to ICA members’
commitments in 2011.
the previous year.
5. Chinese commitment marks another peak in
bilateral support, increasing again by an exceptional
66% to approximately USD14.9bn 4 , which compensated
the decrease of ICA Members’ commitments in
2011.
2. Commitments made by ICA members
decreased by 59% to USD11.9bn 1 , compared to
USD29.1bn in 2010. This, in part, can be attributed to
a deferral of international commitments by some members
in order to devote more attention to their respective
domestic economies. It is probable that these deferrals
were an effect of the European sovereign debt
crisis.
3. ICA Members reported on total portfolio
sizes for Africa, including non-infrastructure commitments.
These accounted for USD31.4bn 2 in 2011,
down 46% from USD57.6bn in the previous year. Bilateral
and multilateral donors made up 87%, and 78%
6. Other support, including commitments from
Arab Funds, India and of the African Regional Development
Banks, totalled USD3.2bn. In 2011, Arab Funds
stabilized their share of infrastructure finance to Africa
at USD2.9bn.
of total contributions, respectively, in the form of ODA.
Non-concessional lending experienced a dramatic decline.
Sebastian Mogos-Lindemann, November 2012
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