High Ambitions and High Risks: Programme for Infrastructure Development in Africa (PIDA)
High Ambitions and High Risks: Programme for Infrastructure Development in Africa (PIDA) (GovInn and HBS, 24 April 2014) Author: Mzukisi Qobo
Dr. Mzukisi Qobo describes PIDA’s plan to double levels of investment in energy, water, and transportation mega-projects in Africa and the opportunities and risks these projects present for infrastructure investors and, especially, for Africans. He cites six categories of risk (political; social and environmental; fiscal; security; institutional; and technical) and asks the big question: will PIDA accelerate the colonial patterns of resource extraction or foster the economic diversification required for Africa to prosper and expand job opportunities.
