The State of Africa’s Infrastructure Report 2024 published by the Africa Finance Corporation is the first edition of a series of annual studies on the situation of Africa’s infrastructure which aims at assessing progress in the continent’s infrastructure landscape, spotlighting critical gaps and offering new insights into the core sectors of power, transport, logistics, digital communications, and commodity-based value chains. In fact, investments in these areas are crucial for driving the structural transformation of African economies, promote sustainable growth, empower people across the continent, and finally put Africa on a path to overcome the vicious cycle of boom-bust economies affected by volatility in global commodity prices. Unfortunately, in this regard, results achieved are not so exciting.