Infrastructure, Investment, Innovation & Institutional Capacity: The Four Big "I"s needed to achieve growth in Africa.

0 Comments | M2 Presswire, November, 2006

M2 PRESSWIRE-9 November 2006-WORLD BANK: Infrastructure, Investment, Innovation & Institutional Capacity: The Four Big "I"s needed to achieve growth in Africa(C)1994-2006 M2 COMMUNICATIONS LTD RDATE:09112006 TOKYO - Boosting economic growth in Sub-Saharan Africa is dependent, to a large extent, on expanding infrastructure investments, improving the investment climate, harnessing skills for innovation and building institutional capacity across the continent, a World Bank study released here today says.

The Four Big "I"s, as the study: Facing the Challenges of African Growth: Opportunities, Constraints, and Strategic Directions calls them, are among the most critical areas demanding action if Africa is to make up for missing two decades of global growth or...