Tuesday, April 6, 2010

Transportation and Logistics in West Africa

Ask experts on Africa about the economic challenges there and the first thing they point to is likely to be the same: infrastructure. Ports, roads, telecommunications, power generation, airports — all need upgrading.

Ask those same experts about opportunities in Africa for foreign investors, and infrastructure will also be at or near the top of the list.

It’s a dichotomy much of the developing world experiences and must contend with: a wealth of raw materials manufacturing countries crave, yet limitations in the ability to get them to market.

In Africa’s case, infrastructure is a challenge, for the continent, and an opportunity, for those exporting to and importing from the world’s poorest continent.

Infrastructure-related export opportunities include equipment for the oil and gas, mining, power-generation, and telecommunications sectors. Agriculture, tourism and a developing middle class, particularly in wealthier countries such as South Africa, offer other opportunities.