Madagascar’s Failed $170m Cable Car Project and 5 Reasons Why Imported Western Solutions Keep Failing Africa

Madagascar’s Failed $170m Cable Car Project and 5 Reasons Why Imported Western Solutions Keep Failing Africa

1. The Price Tag Excluded Everyday CommutersProject planners set ticket prices between 70 and 90 U.S. cents per trip. That single fare costs six to eight times more than a local minibus ride. With average monthly salaries hovering around $72 and three quarters of the country living in poverty, local residents could not afford the service. Ridership collapsed within weeks of the grand opening. 2. French Lenders and Contractors Secured Their Money…