Nigeria: Transforming African Infrastructure Will Require U.S.$31 Billion Yearly - Study

Nigeria: Transforming African Infrastructure Will Require U.S.$31 Billion Yearly - Study - A study recently conducted in 24 African countries shows that the poor state of infrastructure in Sub Saharan Africa - electricity, water, roads, and information and communications technology (ICT) - cuts national economic growth by two percentage points every year and reduces business productivity by as much as 40 percent. [AA Urbanisation]