Global Journal of Economic and Finance Research

Sustainable development, regional integration, and economic progress are all fundamentally fueled by effective transportation infrastructure. However, insufficient funding for infrastructure continues to be a major barrier to attaining productivity and efficiency in transportation in many African developing nations. This essay looks at how infrastructure funding might improve transportation effectiveness and spur economic expansion. It investigates the effects of various funding sources on the creation, upkeep, and sustainability of transportation networks, including public-private partnerships (PPPs), sovereign infrastructure funds, concessional loans, and international development aid. The study makes the case that efficient finance enhances connectivity, lowers logistical costs, and promotes industrial growth, trade competitiveness, and job creation based on theoretical debate and available data. The study also highlights the necessity of creative and sustainable finance strategies that are in line with national development objectives and the Sustainable Development Goals, especially SDGs 8 and 9. It comes to the conclusion that increasing private sector involvement, developing institutional capacity, and enhancing policy coherence are crucial for maximizing the results of infrastructure investments and hastening inclusive economic growth.

Infrastructure financing, transport efficiency, economic growth, public-private partnerships, sustainable transport development, infrastructure investment, Sustainable Development Goals

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