Curtain falls on the African Development Bank 2020 Annual Meetings as Governors endorse President Adesina’s bold development program

Banking & Finance, Infrastructure, News, Press release

Adesina: “I am deeply grateful for the collective trust, strong confidence and support of our shareholders” ABIDJAN, Ivory Coast, August 28, 2020/APO Group/ — Newly reelected African Development Bank (AfDB.org) President Akinwumi Adesina voiced great optimism about Africa’s future as the institution closed its 55th Annual meetings. The Bank’s Board of Governors today unanimously voted for…

South Africa’s Infrastructure Fund is here, minus corruption vows National Treasury

Infrastructure, News, Study

South Africa’s R100bn (about $5.8bn) Infrastructure Fund is here, but there will no repeat of the large-scale corruption witnessed in 2010, says National Treasury director-general Dondo Mogajane. “We will ensure that [which] we had seen during the construction of the 2010 infrastructure roll-out does not happen. We’ve got lessons we’ve learnt from what we picked up when…

$39b Nigerian infrastructure company gets green light

Infrastructure, News, Study

The Central Bank of Nigeria (CBN) has received approval to create an infrastructure development company that would finance the revamp of critical transport infrastructure throughout the country. The company would leverage local and international funding, and would be co-owned by the CBN, African Finance Corp., and Nigerian Sovereign Wealth Investment Authority. It would be exclusively…

DHL’s Saloodo! partners AfricaPLC to grow intra-African and global trade

Economy, Infrastructure, News, Press release, Study

Saloodo! will be the first logistics partner to provide digital road freight solutions on the AfricaPLC e-trade marketplace AfricaPLC assists to digitize African SMEs, so they can participate in and support the African Continental Free Trade Area (AfCFTA) The partnership expects to expand across the continent by early 2021 Johannesburg, South Africa – Digital road…

African Asset Owners Co-investment Partnerships 27 August, 2020

Africa Investor (Ai) African Sovereign Wealth & Pension Fund Leaders Forum, Economy, Featured, Infrastructure, News, Press release

Africa investor (Ai) partners Bloomberg African Asset Owner Series Africa investor (Ai) partners Bloomberg and The Continental Business Network (CBN) on first ever African Asset Owner Series on Co-investment Partnerships. This inaugural event in the series, will feature two panels focused on the African Union’s 5% Infrastructure Investment Agenda and global co-investment partnerships in support…

Ai Supports African Infrastructure Investment Trusts Initiative

Economy, Infrastructure, News, Press release, Study

A defined solution to the infrastructure financing gap – Infrastructure Investment Trusts (IIT) Africa investor (Ai) partners African Capital Market leaders and the Global Listed Infrastructure Organisation (GLIO) on Africa’s first Infrastructure Investment Trusts (IIT) initiative – as recommended in the recent G20-OECD Infrastructure Working Group Report. VIEW REPORT

Ai Supports African Infrastructure Investment Trusts Initiative

Economy, Infrastructure, News, Press release, Study

A defined solution to the infrastructure financing gap – Infrastructure Investment Trusts (IIT) Africa investor (Ai) partners African Capital Market leaders and the Global Listed Infrastructure Organisation (GLIO) on Africa’s first Infrastructure Investment Trusts (IIT) initiative – as recommended in the recent G20-OECD Infrastructure Working Group Report. VIEW REPORT

China’s Infrastructure-Heavy Model for African Growth Is Failing

Economy, Infrastructure, News, Press release, Study

In Ethiopia and Kenya, the attractive illusion of the “China model” has had grave financial consequences. The strategy of “infrastructure-led growth” (growth, not economic and social development) seems to be showing its limits in Africa, where China has largely been instrumental in promoting it. This strategy is based on the Keynesian multiplier theory whereby any…