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World Bank optimistic about Africa 2 NAIROBI

cost, high-risk place to do business," Nankani said.
"Legal and regulatory hurdles ... push investments and jobs to other parts of the world."
Other obstacles are poorly maintained roads and costly and unreliable electricity, Nankani said.
He added that the developed countries could help Africa by opening up their markets for Africa's farm products while African countries should promote sub-regional trading arrangements.
Also important is the need for African countries to channel most of the revenues from natural resources to providing better healthcare, education, safe water and transport.
"There must be transparency to ensure that everyone knows what revenues are flowing in from natural resources sales," Nankani said.


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