The launch of the US Strategy Toward Sub-Saharan Africa and the US-Africa Leaders Summit in 2022 have set the stage for 2023 to be a year of action on infrastructure development. This comes at a critical time for Africa. Project preparation facilitators such as USTDA are natural partners to on-the-ground leading financial institutions such as Africa50, which identifies projects, pools public and private capital, and accelerates project implementation. Africa50 catalyses African infrastructure by working with project developers to prepare environmental, social, and governance studies, sounding out stakeholders and end-users, drafting legal and concession agreements, investing, and structuring finance. It has done so across the continent in sectors like power, transport, logistics, and ICT.
Source link : https://www.africa.com/accelerating-and-scaling-priority-infrastructure-development-in-africa/
Author : Editor
Publish date : 2023-03-26 07:30:07