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
Reconciliation talks excite Batswana

Many have made it very clear that there is nothing more they would prefer than seeing the two ending their feud and working together for the good of the country.While some Batswana dismissed reconciliatory efforts as a political ploy, many Batswana welcomed the move with open arms because it is obvious that the feud between the president and former president has not been looking good for the country.The misunderstanding that seems to have started...

Have a Story? Send Us a tip
arrow up