In a move to support infrastructure development in Africa, the Africa Prosperity Network (APN) and the African Continental Free Trade Area (AfCFTA) Secretariat have launched a campaign dubbed the “One Dollar A Day”.
This is an initiative to bridge the continent’s staggering $130–170 billion annual infrastructure financing gap.
Unveiled during a high-level post-Africa Prosperity Dialogues 2025 webinar on Friday, the campaign invites both institutional investors and individuals, especially the African Diaspora, to contribute towards sustainable infrastructure projects that promote trade, mobility, and economic integration across the continent.
“We’ve started, and we have to start somewhere,” emphasized finance expert Eric Otoo, who leads the initiative. “Let’s be unified and take the steps now.”
Stakeholders across banking, transport, tech, and tourism stressed that true prosperity will only be achieved through public-private partnerships, digital innovation, and a pan-African mindset shift.
The event also reaffirmed commitments made in the Accra Compact 2025, where governments and multilateral partners pledged to unlock up to $2 trillion in domestic capital.
“The Africa we want must be deliberately crafted for our own purposes,” said Ghana’s Director of Urban Roads, James Amoo-Gottfried, calling for action-driven implementation of infrastructure models tailored to the continent’s unique needs.
Currently, substandard transport infrastructure inflates intra-African trade costs by 30 percent to 40%, with intra-African trade remaining low at just 30-40 percent compared to other regions.
MG/as/APA
 |