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
Justice delayed is trust denied

Batswana who marched peacefully for 'Justice for Tshepi' demanded answers. They have now received a detailed account of police investigation and a promise that the file is with the Directorate of Public Prosecutions (DPP). The real test is whether the state now keeps its word without further prodding. In his address, the minister asked the nation to trust the process. He spoke of rigour, not neglect, and pointed to 10 months of...

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