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…
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…
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…
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
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
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…
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…
By Alonso Soto May 15, 2020, 2:34 PM GMT+2 Updated on May 15, 2020, 6:16 PM GMT+2 Private creditors representing more than $9 trillion of assets under management formed a group to negotiate debt relief for African nations, warning of the risks of a blanket approach to the process. The so-called Africa Private Creditor Working Group will…