At present, poor transport infrastructure adds 40 % to the cost of doing business on the continent, which is crippling Africa's global competitiveness, and depressing inter-African trade. The scale of the energy and water challenge is equally dire and well-illustrated by the situation in Liberia where the entire power output is a meager 23MW, and electricity costs 53 cents per kWh.4,5.Moreover, if Africa hopes to achieve its goals and make good on its promise, it will also need to focus on exploiting its second great asset: vast minerals and resources. Achieving this, however, will likely require significant investments into infrastructure.Nick Chism, Partner and Global Head of Infrastructure of KPMG discusses the situation of Africa in this report.