Infrastructure financing trends in Africa 2019-2020

The report on Infrastructure Financing Trends (IFT) 2019-2020 was prepared in highly unusual period during which the COVID-19 pandemic upended many economic and social trends worldwide.All countries were affected; in Africa, many key social services such as basic healthcare and education were curtailed and jobs were lost, which increased poverty and exacerbated hardship, particularly among people at the bottom of the pyramid. The reduction in economic activity and decline in exports negatively impacted the debt burden of many countries, some of which are now in debt distress.