Under the right conditions, infrastructure development can play a major role in promoting growth. Infrastructure development, thus, is viewed as a key ingredient for economic growth and a prerequisite for poverty alleviation and employment creation. Infrastructure is considered an integral element of sustainable economic development and thus the need to develop quality, reliable, sustainable and resilient infrastructure is highlighted in SDG.
Moreover, provision of social and economic infrastructure is critical for achieving inclusive growth, expanding education, and providing job opportunities. Developing countries such as Colombia face a persistent infrastructure deficit and the need for infrastructure improvements is critical. Huge infrastructure deficit in most developing countries is mainly caused by seemingly insurmountable financing gap.
In this course we put into context the relationship between infrastructure and economic growth and interrogate the depth of the infrastructure gap facing developing countries, with a focus on four (4) sectors: Energy, water, telecommunications, and transportation. We subsequently examine the financing models used by infrastructure organisations as a precursor to the forms infrastructure provision takes.
Dr. Fanta holds a doctoral degree in Corporate Finance from Johannes Kepler University of Linz, Austria. He is a senior lecturer and head of PhD development finance program at the University of Stellenbosch Business School. Prior to joining the University of Stellenbosch, Dr Fanta worked as Data Analysis and Segmentation Expert at FinMark Trust where he was involved in developing segmentation models, developed a new financial indicator, among other projects. Dr Fanta was also involved in the Making Access Possible (MAP) program where demand side data is triangulated with supply side data in drawing a roadmap to financial inclusion in an economy.
Recently, he received the Best-Paper award from Taylor & Francis at International Academy of African Business and Development (IAABD) for his paper published on the Journal of African Business. His research interests include financial development, infrastructure finance, SME finance, financial inclusion and corporate governance of financial institutions.