It is widely predicted that the future of many African nations will be urbanization with the population moving to cities from the rural communities that they currently reside in. Statistically 15% of Africans were living in cities in 1960 but that is now 40% with the pace of change exceeding European transition and the proportion exceeding that of Southern Asia.
This transition will require political change and financial investment but the concern is that this is not in pace with the population transition to urban places. Studies have shown that the there would be need to be significant investment in infrastructure to be able to service the increase demand on the cities across the continent. It is estimated that the annual cost to maintain current infrastructure is $130-170 billion, with a further $100 billion of new investment required to meet the new demand.
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