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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
The Boko-led administration has to tread carefully

‘When you make peace withyourself, you make peace with the world’- Maha GhosanandaThis may come at a huge cost if not handled properly. What started off on Labour Day in Letlhakane this year, where Boko was in attendance when the militant lawyer-cum-trade unionist, Robert Rabasimane rebutted the President’s address in defence of the trade union has seemingly spiralled out of control. The issue is now creating a cat-and-mouse type of a...

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