Wednesday, 31 May 2017

North-South Africa Corridor

North-South Africa Corridor

“The US$11 billion North-South Africa Corridor is an ambitious attempt to connect eight African countries with more than 10,000 kilometres of roads. Stretching from South Africa to Zambia and the Democratic Republic of Congo, and from Botswana to Malawi, the route will boost cross-border trade and tourism. Bidding for tenders started in mid-2014, with the overall project run by a ‘tripartite’ of the Common Market for Eastern and Southern Africa, the East African Community and the Southern African Development Community. Funding is‑likely to come from a wide variety of development partners including national governments and the World Bank” (KPMC).
The advantages for this program include combining large investments in the infrastructure which develops the economic background of the region, helps in facilating between trade and transportation between the respective countries, help in working with multiple stakeholders- RECs, national government, private sector and seeks to help the public in the end.



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