Toward Better Infrastructure : Conditions, Constraints, and Opportunities in Financing Public-Private Partnerships in Select African Countries

Shendy, Riham; Kaplan, Zachary; Mousley, Peter

dc.creator	Shendy, Riham
dc.creator	Kaplan, Zachary
dc.creator	Mousley, Peter
dc.date	2012-03-19T09:04:16Z
dc.date	2012-03-19T09:04:16Z
dc.date	2011-07-05
dc.date.accessioned	2023-02-17T20:34:45Z
dc.date.available	2023-02-17T20:34:45Z
dc.identifier	http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000333038_20110725014313
dc.identifier	978-0-8213-8781-8
dc.identifier	http://hdl.handle.net/10986/2331
dc.identifier.uri	http://localhost:8080/xmlui/handle/CUHPOERS/242707
dc.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.
dc.language	English
dc.publisher	World Bank
dc.relation	World Bank Study
dc.rights	CC BY 3.0 IGO
dc.rights	http://creativecommons.org/licenses/by/3.0/igo
dc.rights	World Bank
dc.subject	ACCOUNTING
dc.subject	ALTERNATIVE ASSET
dc.subject	ALTERNATIVE INVESTMENTS
dc.subject	ASSET CLASS
dc.subject	ASSET CLASSES
dc.subject	ASSET MANAGEMENT
dc.subject	ASSET-LIABILITY MISMATCH
dc.subject	BALANCE SHEET
dc.subject	BALANCE SHEETS
dc.subject	BANK CREDIT
dc.subject	BANK LENDING
dc.subject	BANK LOANS
dc.subject	BANKING SECTOR
dc.subject	BOND
dc.subject	BOND HOLDERS
dc.subject	BOND ISSUANCE
dc.subject	BOND ISSUANCES
dc.subject	BOND MARKETS
dc.subject	BOND RATING
dc.subject	BONDS
dc.subject	BORROWER
dc.subject	BOURSE
dc.subject	CAPACITY BUILDING
dc.subject	CAPITAL INVESTMENT
dc.subject	CAPITAL MARKET
dc.subject	CAPITAL MARKET DEVELOPMENT
dc.subject	CAPITAL MARKETS
dc.subject	CAPITAL MOVEMENTS
dc.subject	CAPITAL REQUIREMENTS
dc.subject	CASH FLOWS
dc.subject	CENTRAL BANK
dc.subject	CENTRAL BANKS
dc.subject	COMMERCIAL BANKS
dc.subject	COMPETITIVE BIDDING
dc.subject	CORPORATE BOND
dc.subject	CORPORATE BOND MARKET
dc.subject	CORPORATE BONDS
dc.subject	COUNTRY RISK
dc.subject	COUPON
dc.subject	COUPON RATE
dc.subject	CREDIT AGENCY
dc.subject	CREDIT ENHANCEMENT
dc.subject	CREDIT GUARANTEE
dc.subject	CREDIT LINES
dc.subject	CREDIT RATING
dc.subject	CREDIT RATING AGENCY
dc.subject	CREDIT RATINGS
dc.subject	CREDIT RISK
dc.subject	CREDITOR
dc.subject	CURRENCY
dc.subject	DEBT FINANCING
dc.subject	DEPOSIT
dc.subject	DEPOSIT MONEY BANKS
dc.subject	DEVELOPING COUNTRIES
dc.subject	DEVELOPMENT BANK
dc.subject	DIRECT INVESTMENT
dc.subject	DIRECT INVESTMENTS
dc.subject	DUE DILIGENCE
dc.subject	ECONOMIC DEVELOPMENT
dc.subject	ENABLING ENVIRONMENT
dc.subject	EQUITY FUNDS
dc.subject	EQUITY MARKETS
dc.subject	EXPENDITURES
dc.subject	FINANCIAL CRISIS
dc.subject	FINANCIAL RISKS
dc.subject	FINANCING REQUIREMENTS
dc.subject	FIXED INCOME
dc.subject	FIXED INTEREST
dc.subject	FIXED INTEREST RATE
dc.subject	FOREIGN BANKS
dc.subject	FOREIGN CURRENCY
dc.subject	FOREIGN EXCHANGE
dc.subject	FOREIGN EXCHANGE RISK
dc.subject	FOREIGN FINANCING
dc.subject	FUND MANAGERS
dc.subject	GOVERNMENT BOND
dc.subject	GOVERNMENT BOND MARKET
dc.subject	GOVERNMENT BONDS
dc.subject	GOVERNMENT BUDGET
dc.subject	GOVERNMENT GRANTS
dc.subject	GOVERNMENT SECURITIES
dc.subject	GOVERNMENT SUBSIDIES
dc.subject	GOVERNMENT SUPPORT
dc.subject	GRACE PERIODS
dc.subject	GROUP BORROWER
dc.subject	GUARANTEE FUND
dc.subject	GUARANTEE PRODUCTS
dc.subject	HOLDINGS
dc.subject	ILLIQUIDITY
dc.subject	IMMOVABLE PROPERTY
dc.subject	INFLATION
dc.subject	INFRASTRUCTURE BOND
dc.subject	INFRASTRUCTURE BONDS
dc.subject	INFRASTRUCTURE CONCESSION
dc.subject	INFRASTRUCTURE DEVELOPMENT
dc.subject	INFRASTRUCTURE FINANCE
dc.subject	INFRASTRUCTURE FINANCING
dc.subject	INFRASTRUCTURE INVESTMENT
dc.subject	INFRASTRUCTURE INVESTMENTS
dc.subject	INSTITUTIONAL INVESTORS
dc.subject	INSURANCE
dc.subject	INSURANCE CORPORATION
dc.subject	INSURANCE INDUSTRIES
dc.subject	INSURANCE INDUSTRY
dc.subject	INSURANCE MARKET
dc.subject	INSURANCE POLICIES
dc.subject	INTERNATIONAL BANK
dc.subject	INTERNATIONAL FINANCE
dc.subject	INTERNATIONAL FINANCIAL INSTITUTIONS
dc.subject	INTERNATIONAL FINANCIAL STATISTICS
dc.subject	INTERNATIONAL INSURANCE
dc.subject	INVESTING
dc.subject	INVESTMENT ASSET
dc.subject	INVESTMENT BANK
dc.subject	INVESTMENT CORPORATION
dc.subject	INVESTMENT FUND
dc.subject	INVESTMENT GUIDELINES
dc.subject	INVESTMENT PROCESS
dc.subject	INVESTMENT REGULATIONS
dc.subject	ISSUANCE
dc.subject	ISSUANCE OF BONDS
dc.subject	LENDING LIMIT
dc.subject	LIABILITY
dc.subject	LIFE INSURANCE
dc.subject	LIFE INSURANCE COMPANIES
dc.subject	LIFE INSURANCE POLICIES
dc.subject	LOAN
dc.subject	LOAN EXPOSURE
dc.subject	LOCAL BANKS
dc.subject	LOCAL CURRENCY
dc.subject	LOCAL DEBT
dc.subject	LOCAL FINANCIAL MARKETS
dc.subject	LOCAL MARKET
dc.subject	LOCAL MARKETS
dc.subject	LONG TERM DEBT
dc.subject	LONG-TERM COST
dc.subject	LONG-TERM DEBT
dc.subject	LONG-TERM DEBT MARKET
dc.subject	LONG-TERM FINANCE
dc.subject	LONG-TERM INVESTMENT
dc.subject	LONG-TERM LOANS
dc.subject	LONG-TERM RESOURCE
dc.subject	LONG-TERM RESOURCES
dc.subject	LONG-TERM YIELDS
dc.subject	MARKET CONSTRAINTS
dc.subject	MARKET FAILURES
dc.subject	MARKET MAKER
dc.subject	MATURITIES
dc.subject	MATURITY
dc.subject	MEZZANINE DEBT
dc.subject	MONETARY FUND
dc.subject	MONEY MARKET
dc.subject	MONEY MARKET INSTRUMENTS
dc.subject	MORAL HAZARD
dc.subject	MORTGAGE
dc.subject	MUNICIPAL BONDS
dc.subject	MUTUAL FUNDS
dc.subject	NATIONAL INVESTMENT
dc.subject	PARTIAL CREDIT
dc.subject	PARTIAL RISK
dc.subject	PENSION
dc.subject	PENSION ASSETS
dc.subject	PENSION FUND
dc.subject	PENSION FUND ASSET
dc.subject	PENSION FUND INVESTMENT
dc.subject	PENSION FUND INVESTMENTS
dc.subject	PENSION FUNDS
dc.subject	PENSION SYSTEMS
dc.subject	PENSIONS
dc.subject	POLITICAL RISK
dc.subject	POLITICAL RISKS
dc.subject	PORTFOLIO
dc.subject	POTENTIAL INVESTOR
dc.subject	PRINCIPAL REPAYMENTS
dc.subject	PRIVATE CREDIT
dc.subject	PRIVATE EQUITY
dc.subject	PRIVATE FINANCE
dc.subject	PRIVATE FINANCING
dc.subject	PRIVATE INVESTMENT
dc.subject	PRIVATE INVESTORS
dc.subject	PRIVATE PARTIES
dc.subject	PUBLIC FUNDS
dc.subject	PUBLIC INVESTMENT
dc.subject	RECOURSE FINANCING
dc.subject	REGULATORY AUTHORITY
dc.subject	REGULATORY BARRIERS
dc.subject	REGULATORY FRAMEWORK
dc.subject	RESERVE
dc.subject	RESERVE BANK
dc.subject	RETURN
dc.subject	RETURNS
dc.subject	RISK DIVERSIFICATION
dc.subject	RISK MANAGEMENT
dc.subject	RISK MEASUREMENT
dc.subject	RISK PREMIUMS
dc.subject	RISK PROFILE
dc.subject	RISK SHARING
dc.subject	SECONDARY BOND MARKETS
dc.subject	SECURITIES
dc.subject	SECURITY STRUCTURES
dc.subject	SHORT-TERM DEPOSITS
dc.subject	SOVEREIGN DEBT
dc.subject	SOVEREIGN LENDING
dc.subject	SOVEREIGN RATING
dc.subject	STOCK EXCHANGE
dc.subject	STOCK EXCHANGES
dc.subject	STOCKS
dc.subject	SUBORDINATED DEBT
dc.subject	TAX
dc.subject	TELECOMMUNICATIONS
dc.subject	TOTAL DEBT
dc.subject	TRANSACTION
dc.subject	TRANSFER RISKS
dc.subject	TRANSITION ECONOMIES
dc.subject	TRANSPARENCY
dc.subject	TREASURY
dc.subject	WITHDRAWAL
dc.subject	WITHDRAWAL OF FUNDS
dc.subject	YIELD CURVE
dc.title	Toward Better Infrastructure : Conditions, Constraints, and Opportunities in Financing Public-Private Partnerships in Select African Countries
dc.type	Publications & Research :: Publication
dc.type	Publications & Research :: Publication
dc.coverage	Africa
dc.coverage	Africa