Is East Africa investing excess capacity, white elephants?
A Railway Line under construction in East Africa East Africa is racing to improve its socio-economic infrastructure- Roads, Sea Ports, Railway lines, Power generation plants, Telecommunications, you name it. This effort has generated a lot of negative comments. A common thread is emerging that suggests that the investments are unnecessary, burdening the current and future generations of East Africans with debts. The thread suggests that the region is investing in an excess capacity that will become “White Elephants.” The flipside of this thread of thought is that the current state of infrastructure, especially Seaports and Railroads is sufficient. This line of thought is not new. We have heard it before in relation to investments in the electricity generation sector. The governments, despite opposition, implemented the projects that are now operational - delivering on the expected outcomes. They are anything but white elephants. Apparently, the critics have yet to learn f