mmegi

Serame sees new deal boosting implementation

Making deals: Serame and Ebobisse at the signing on Tuesday PIC: MBONGENI MGUNI
Making deals: Serame and Ebobisse at the signing on Tuesday PIC: MBONGENI MGUNI

Government has taken up shareholding in Africa 50, an African Development Bank-backed continental financier, in the hopes of improving infrastructure development by better structuring Public Private Partnership (PPP) transactions, BusinessWeek has learnt.

Africa 50, based in Morocco, was established to help bridge Africa’s infrastructure funding gap by facilitating project development, mobilising public and private sector finance, and investing in infrastructure on the continent.

Africa50 focuses on medium to large-scale projects that have development impact and offer an appropriate risk-adjusted return to investors.

Editor's Comment
Depression is real; let's take care of our mental health

It is not uncommon in this part of the world for parents to actually punish their children when they show signs of depression associating it with issues of indiscipline, and as a result, the poor child will be lashed or given some kind of punishment. We have had many suicide cases in the country and sadly some of the cases included children and young adults. We need to start looking into issues of mental health with the seriousness it...

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