Construction & Engineering News South Africa

Partnership will address Africa's infrastructure challenges

The Build Africa Forum, together with the Institute for Infrastructure Studies (IIS) and the African Development Bank's Africa50 Fund, have joined forces and committed their combined expertise in infrastructure investment and finance to develop solutions to Africa's infrastructure funding gap.
Partnership will address Africa's infrastructure challenges
© Ivan Kruk - Fotolia.com

The strategic relationship aims to answer key questions such as how infrastructure investment risk profiles will develop over the next 20 years and what mitigations can governments implement to encourage investment; how to develop infrastructure financing and delivery models to attract private finance into the region; and how Africa can improve infrastructure delivery and avoid the costly overspends that have afflicted other regions.

Through these strategic partnerships, Build Africa aims to develop an understanding of the various ways in which projects can be accelerated and increase the number of infrastructure projects that reach profitability. Using its ability to bring together the private sector, governments, multi-lateral organisations and global investors, the BUILD Africa Forum will ensure that the results and ideas, developed in Brazzaville in the Republic of the Congo, are successfully executed in future African infrastructure projects.

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