Local Financing for Infrastructure in Zambia

Abstract

This rapid review of literature identifies constraints and interventions related to financing infrastructure in sub-Saharan Africa, with particular attention to the role of pension funds in the region. The need for infrastructure development in Africa and Sub-Saharan Africa is well-established in the literature (see, for example, World Bank, 2017; Brookings Institution, 2017; Cambridge Economic Policy Associates, 2015) and approaches to financing infrastructure investments have received significant attention (for example, Maurer, 2017; World Bank, 2017; Essers et al., 2016; Cambridge Economic Policy Associates, 2015; Office of the Special Adviser on Africa, 2015). However, specific discussion of infrastructure and financing in Zambia has received limited coverage in publicly-available documents that we were able to find in the time available for this report.