Ramaphosa pushes to ramp up Africa’s infrastructure
President Cyril Ramaphosa has called for renewed political commitment, stronger institutional support and sustainable financing to fast-track Africa’s infrastructure development.
Addressing the Presidential Infrastructure Champion Initiative (PICI) Heads of State and Government Meeting on Friday at the Union Buildings in Tshwane, the President said strategic infrastructure remains central to Africa’s transformation, trade integration and long-term economic growth.
“Africa stands at a pivotal moment in its development journey. Through the Presidential Infrastructure Champion Initiative, we are charting a course to accelerate the continent’s transformation by placing strategic infrastructure at the heart of our shared vision,” the President said in his closing remarks.
The meeting reviewed progress made under the PICI portfolio and reflected on joint actions required to maintain momentum, particularly ahead of the African Union Summit scheduled for mid-February.
President Ramaphosa emphasised that infrastructure development goes beyond physical construction, noting that its impact must be felt at community level.
“This initiative is not simply about building roads, bridges and energy corridors. It is about connecting our people, our economies and our aspirations.
“We need to ensure that these projects translate into tangible progress for every community, every region and every citizen,” he said.
In his opening remarks, the President highlighted infrastructure as a key catalyst for inclusive growth, enabling access to markets, essential services and economic opportunities across the continent.
“Infrastructure is a catalyst for economic growth and drives inclusive development. By prioritising infrastructure development, we are laying the groundwork for long-term economic resilience and continental integration through the African Continental Free Trade Area,” he said.
Citing a joint report by the OECD and the African Union Commission, President Ramaphosa noted that Africa could double its GDP by 2040 if infrastructure investment is scaled up, but warned that the funding gap remains significant.
“It is estimated that between $130 billion and $170 billion is required annually to close the infrastructure funding gap in Africa,” he said.
