Africa faces a "perception premium" where exaggerated risk narratives lead to higher borrowing costs despite demonstrably low default rates on infrastructure projects. This misperception hinders development and drives up costs for citizens, emphasizing the need for improved frameworks and accurate data to unlock the continent's economic potential.

• A Moody’s Analytics study (1983-2018) showed Africa had the lowest infrastructure project default rate globally at 5.5%, dropping to 1.9% by 2020.
• Founder and CEO of P&L Consulting Group, Mercy Randa, advocates for fair pricing, smarter investments, and the AfCFTA’s financing innovations to self-finance Africa’s future.
• African countries often borrow at over 10%, while high-income nations borrow at 2-3%, leading to inflated costs for projects and citizens.