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What stifling Africa's growth

26 Nov 2013 - by Liesl Venter
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Infrastructure constraints, labour
disputes, funding uncertainty
and inflation remain the biggest
inhibitors of Africa’s growth.
According to James Fungai
Maposa, consulting manager
industrial for research house Frost
& Sullivan, although the continent
is poised for strong growth, the
lack of transport, energy and water
infrastructure has to be addressed
first.
“Unrest and shortages of labour
as well as the continent’s heavy
reliance on donor funding for
critical economic expansion projects
are all concerns,” he said. “A few
nations such as South Africa,
Nigeria, Rwanda and to a certain
extent Kenya have opted to take a
proactive approach, announcing
sizeable infrastructure spends over
the next few years. South Africa
leads from the front with regard
to its planned expenditure on
increasing its power infrastructure.

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