Solving Africa’s Infrastructure Paradox
The coronavirus outbreak is first and foremost a human tragedy, affecting hundreds of thousands of people. It is also having a growing impact on the global economy. While business leaders are working to get a perspective on the evolving situation and the implications for their companies, they are only as strong as the communities of which they are a part. As decision makers figure out how to support response efforts—such as by providing money, equipment, or expertise, they should not assume the worst.
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If we get infrastructure right, if we get energy right, and if we create a lot of jobs for Africa’s youthful population, I think we’ll have a new dynamism, a new growth process. Not just in GDP, because people don’t eat GDP. But one that’s actually impacting the lives of people and can lift hundreds of millions of people out of poverty.
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