Despite disruptions of the COVID-19 pandemic, Africa started construction on more than $160 billion worth of projects in 2021. The Export-Import Bank of China is funding projects worth more than $15 billion that started construction work in 2021.
Malawi’s infrastructure expansion projects promise PPP opportunities
Malawi has more than $12 billion of active projects. With the onset of the COVID-19 pandemic, PPP as a means to procure much-needed infrastructure has received a lot of impetus in Malawi.
Egypt builds its energy system
EGYPT has more than $100 billion in power provision projects under study or in the planning stage, gearing the North African country to meet its energy requirements in the decades ahead.
Burkina Faso considers investing nearly $400 million into upgrading roads
THE Burkina Faso Ministry of Infrastructure plans on investing $383 million to boost its national road network in a move that can effectively pit the West African country for economic growth.
Project Finance in a Nutshell
Project finance for large infrastructure is widely used in western developed countries. It represented more than $2 trillion of investments globally between 2003-2013; only around 3 per cent of this amount was dedicated to sub-Saharan Africa.
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