The private versus public infrastructure in Sub-Saharan Africa: An empirical validation

Abstract

The macroeconomics of the relationship between the private and public infrastructure in sub-Saharan Africa has been very unpredictable due to the region’s ineffective planning and policy formulation for infrastructure and service delivery. This paper examines the relationship between public and private infrastructure in subSaharan Africa. It also demonstrates that sub-Saharan Africa consumes more and invests less when compared to the industrialised world and that the present domestic investments in sub-Saharan Africa are actually more in the hands of the private sector. Lastly, an inference relationship for measuring and comparing economic stability between countries and regions was formulated, with the industrialised countries as a reference value.