Description:
Examining innovative ways to address
Africa's infrastructure deficit is at the heart of this
analysis. Africa's infrastructure stock and quality is
among the least developed in the world, a challenge that
significantly hinders economic development. The study is
structured around the most inhibiting constraints to
developing PPPs, as shared by all six countries. Section one
provides a brief background of the infrastructure needs in
the sample countries and outlines the current scope of
Public-Private Partnership (PPP) transactions; section two
examines the sources of financing for PPPs domestic and
foreign with a particular focus on domestic sources; section
three explores the supporting legislative, regulatory, and
institutional environment for PPPs; section four addresses
issues connected with the importance of developing a sound
pipeline of PPP projects; and section five tackles the
importance of managing the increased government fiscal
commitments that are commonly coupled with PPPs. Section six
outlines medium-term options for PPP financing. Finally,
section seven puts forth policy recommendations intended to
assist in overcoming the challenges in building private
sector confidence in the Sub-Saharan Africa (SSA)
infrastructure market in order to attract greater levels of
financing for private sector investment in core
infrastructure services through PPPs.