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
Gov't must guard against cadre deployment

As the Botswana National Front (BNF) discusses a policy to place suitably qualified members in strategic positions, the guiding consideration should remain whether an individual is the best person to serve the country. There is nothing wrong with qualified party members applying for public positions. Political affiliation should neither disqualify a capable candidate nor give them an advantage over others. Every Motswana deserves a fair...

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