Browsing: Public-private partnerships

Scaling up private sector investment in infrastructure -AFDB

Scaling up private sector investment in infrastructure -AFDB

Banking

The AfDB hosted discussions on how it can strengthen support of Public-Private Partnerships (PPP) and channel greater investment towards economic and social infrastructure.

The bank’s digital workshop was under the theme “Designing the African Development Bank’s PPP Framework”. The economic slowdowns caused by the pandemic have sharpened the already urgent need for investment into the African continent.

In his opening remarks, Solomon Quaynor, the bank’s Vice President noted that infrastructure in Africa is already struggling to structure projects made for the private sector which balanced value for money for the public sector against affordability for the user, before COVID-19.

“It is therefore imperative that hybrid solutions such as PPPs must be seen and promoted as a way of building back better, stronger, greener, by clawing back private capital to infrastructure while creating much need fiscal room for governments to address multiple other demands, including building health systems resilience,” said Quaynor.…

green energy bulb

Mozambique and Angola highlighted on Energy Security webinar

Energy

further africa

A webinar organised by The Power & Electricity World Africa, entitled “Achieving Energy Security: Encouraging Healthy Competition And Regulation For IPPs”, took place on the morning of July 14th, 2020.

Also Read: Angola’s exceptional measures in force during sanitary enclosure

The attending virtual panel consisted of:

  • Dr. Clinton Carter-Brown, Energy Centre Head, CSIR, South Africa – Moderator
  • Vitor Marquez da Cruz, Managing Director, MC&A Advogados
  • Eng. Julius Riungu, CEO, Tsavo Power, Kenya

The topic of African Energy security and the challenges ahead was debated in a little over an hour, with very insightful contributions from all parties involved being brought to the forefront.

The imbalance of supply and demand for electricity in Africa curbs its potential for economic development. IPPs (Independent Power Producers), though, align very well with the national energy security agenda and are a definite solution to meeting Africa’s growing electricity needs.

Africa currently accounts for …