Financing Infrastructure in Africa : How the Region Can Attract More Project Finance

Sub-Saharan Africa receives only a small share of private investment in infrastructure. One reason for this is its difficulties in getting project finance - difficulties that stem from the low creditworthiness of most African countries, the limits...

Full description

Bibliographic Details
Main Authors: Sheppard, Robert, von Klaudy, Stephan, Kumar, Geeta
Format: Brief
Language:English
Published: World Bank, Washington, DC 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2006/09/7091083/financing-infrastructure-africa-region-can-attract-more-project-finance
http://hdl.handle.net/10986/10724
id okr-10986-10724
recordtype oai_dc
spelling okr-10986-107242021-04-23T14:02:52Z Financing Infrastructure in Africa : How the Region Can Attract More Project Finance Sheppard, Robert von Klaudy, Stephan Kumar, Geeta AFFORDABLE PRICE BALANCE SHEETS BANKS BOND FINANCING BOND ISSUES BONDS CAPITAL MARKETS COMMERCIAL BANKS CONCESSION CONCESSIONS CONTRACTUAL SAVINGS CORPORATION CREDIT RATING CREDIT RATINGS CREDITWORTHINESS DEBT DEBT RATINGS ECONOMIC DEVELOPMENT ECONOMICS ELECTRICITY DISTRIBUTION EQUITY INVESTORS EXCHANGE RATE VOLATILITY EXCHANGE RATES FINANCE COMPANY FINANCIAL CRISES FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL MARKETS FINANCIAL SECTOR REFORM FINANCING OF INFRASTRUCTURE PROJECTS FOREIGN CURRENCY DEBT FOREIGN EXCHANGE FOREIGN FINANCING FOREIGN LENDERS GOVERNMENT SECURITIES INFRASTRUCTURE ECONOMICS INSURANCE INSURANCE COMPANIES INTEREST RATE SWAPS INTERNATIONAL FINANCE INTERNATIONAL MARKETS INVESTMENT FUNDS INVESTMENT IN INFRASTRUCTURE PROJECTS LEASE CONTRACTS LENDERS LOCAL CAPITAL MARKETS NONGOVERNMENTAL ORGANIZATIONS PENSION FUNDS PORTS POWER POWER DISTRIBUTION PRIVATE CAPITAL PRIVATE FINANCE PRIVATE INFRASTRUCTURE PRIVATE INFRASTRUCTURE INVESTMENT PRIVATE INVESTMENT PRIVATE INVESTMENT IN INFRASTRUCTURE PRIVATE INVESTORS PRIVATIZATION PROJECT SPONSORS PUBLIC-PRIVATE PARTNERSHIPS RATING AGENCIES REGULATORY SYSTEMS RISK MITIGATION ROADS SAVINGS SECURITIES SPONSORS SUB-SAHARAN AFRICA TARIFF ADJUSTMENTS TARIFF REGULATION TECHNICAL ASSISTANCE TERM FINANCE TOLL TOLL ROADS Sub-Saharan Africa receives only a small share of private investment in infrastructure. One reason for this is its difficulties in getting project finance - difficulties that stem from the low creditworthiness of most African countries, the limits of local financial markets, and the risk profiles typical of infrastructure projects. Whether the region can attract more private foreign currency funding for infrastructure will depend in part on the ability to reduce foreign exchange risks. But in some countries local currency sources, especially local capital markets, also offer good potential. 2012-08-13T12:55:07Z 2012-08-13T12:55:07Z 2006-09 http://documents.worldbank.org/curated/en/2006/09/7091083/financing-infrastructure-africa-region-can-attract-more-project-finance http://hdl.handle.net/10986/10724 English Gridlines; No. 13 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic AFFORDABLE PRICE
BALANCE SHEETS
BANKS
BOND FINANCING
BOND ISSUES
BONDS
CAPITAL MARKETS
COMMERCIAL BANKS
CONCESSION
CONCESSIONS
CONTRACTUAL SAVINGS
CORPORATION
CREDIT RATING
CREDIT RATINGS
CREDITWORTHINESS
DEBT
DEBT RATINGS
ECONOMIC DEVELOPMENT
ECONOMICS
ELECTRICITY DISTRIBUTION
EQUITY INVESTORS
EXCHANGE RATE VOLATILITY
EXCHANGE RATES
FINANCE COMPANY
FINANCIAL CRISES
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL SECTOR REFORM
FINANCING OF INFRASTRUCTURE PROJECTS
FOREIGN CURRENCY DEBT
FOREIGN EXCHANGE
FOREIGN FINANCING
FOREIGN LENDERS
GOVERNMENT SECURITIES
INFRASTRUCTURE ECONOMICS
INSURANCE
INSURANCE COMPANIES
INTEREST RATE SWAPS
INTERNATIONAL FINANCE
INTERNATIONAL MARKETS
INVESTMENT FUNDS
INVESTMENT IN INFRASTRUCTURE PROJECTS
LEASE CONTRACTS
LENDERS
LOCAL CAPITAL MARKETS
NONGOVERNMENTAL ORGANIZATIONS
PENSION FUNDS
PORTS
POWER
POWER DISTRIBUTION
PRIVATE CAPITAL
PRIVATE FINANCE
PRIVATE INFRASTRUCTURE
PRIVATE INFRASTRUCTURE INVESTMENT
PRIVATE INVESTMENT
PRIVATE INVESTMENT IN INFRASTRUCTURE
PRIVATE INVESTORS
PRIVATIZATION
PROJECT SPONSORS
PUBLIC-PRIVATE PARTNERSHIPS
RATING AGENCIES
REGULATORY SYSTEMS
RISK MITIGATION
ROADS
SAVINGS
SECURITIES
SPONSORS
SUB-SAHARAN AFRICA
TARIFF ADJUSTMENTS
TARIFF REGULATION
TECHNICAL ASSISTANCE
TERM FINANCE
TOLL
TOLL ROADS
spellingShingle AFFORDABLE PRICE
BALANCE SHEETS
BANKS
BOND FINANCING
BOND ISSUES
BONDS
CAPITAL MARKETS
COMMERCIAL BANKS
CONCESSION
CONCESSIONS
CONTRACTUAL SAVINGS
CORPORATION
CREDIT RATING
CREDIT RATINGS
CREDITWORTHINESS
DEBT
DEBT RATINGS
ECONOMIC DEVELOPMENT
ECONOMICS
ELECTRICITY DISTRIBUTION
EQUITY INVESTORS
EXCHANGE RATE VOLATILITY
EXCHANGE RATES
FINANCE COMPANY
FINANCIAL CRISES
FINANCIAL INSTITUTION
FINANCIAL INSTITUTIONS
FINANCIAL MARKETS
FINANCIAL SECTOR REFORM
FINANCING OF INFRASTRUCTURE PROJECTS
FOREIGN CURRENCY DEBT
FOREIGN EXCHANGE
FOREIGN FINANCING
FOREIGN LENDERS
GOVERNMENT SECURITIES
INFRASTRUCTURE ECONOMICS
INSURANCE
INSURANCE COMPANIES
INTEREST RATE SWAPS
INTERNATIONAL FINANCE
INTERNATIONAL MARKETS
INVESTMENT FUNDS
INVESTMENT IN INFRASTRUCTURE PROJECTS
LEASE CONTRACTS
LENDERS
LOCAL CAPITAL MARKETS
NONGOVERNMENTAL ORGANIZATIONS
PENSION FUNDS
PORTS
POWER
POWER DISTRIBUTION
PRIVATE CAPITAL
PRIVATE FINANCE
PRIVATE INFRASTRUCTURE
PRIVATE INFRASTRUCTURE INVESTMENT
PRIVATE INVESTMENT
PRIVATE INVESTMENT IN INFRASTRUCTURE
PRIVATE INVESTORS
PRIVATIZATION
PROJECT SPONSORS
PUBLIC-PRIVATE PARTNERSHIPS
RATING AGENCIES
REGULATORY SYSTEMS
RISK MITIGATION
ROADS
SAVINGS
SECURITIES
SPONSORS
SUB-SAHARAN AFRICA
TARIFF ADJUSTMENTS
TARIFF REGULATION
TECHNICAL ASSISTANCE
TERM FINANCE
TOLL
TOLL ROADS
Sheppard, Robert
von Klaudy, Stephan
Kumar, Geeta
Financing Infrastructure in Africa : How the Region Can Attract More Project Finance
geographic_facet Africa
relation Gridlines; No. 13
description Sub-Saharan Africa receives only a small share of private investment in infrastructure. One reason for this is its difficulties in getting project finance - difficulties that stem from the low creditworthiness of most African countries, the limits of local financial markets, and the risk profiles typical of infrastructure projects. Whether the region can attract more private foreign currency funding for infrastructure will depend in part on the ability to reduce foreign exchange risks. But in some countries local currency sources, especially local capital markets, also offer good potential.
format Publications & Research :: Brief
author Sheppard, Robert
von Klaudy, Stephan
Kumar, Geeta
author_facet Sheppard, Robert
von Klaudy, Stephan
Kumar, Geeta
author_sort Sheppard, Robert
title Financing Infrastructure in Africa : How the Region Can Attract More Project Finance
title_short Financing Infrastructure in Africa : How the Region Can Attract More Project Finance
title_full Financing Infrastructure in Africa : How the Region Can Attract More Project Finance
title_fullStr Financing Infrastructure in Africa : How the Region Can Attract More Project Finance
title_full_unstemmed Financing Infrastructure in Africa : How the Region Can Attract More Project Finance
title_sort financing infrastructure in africa : how the region can attract more project finance
publisher World Bank, Washington, DC
publishDate 2012
url http://documents.worldbank.org/curated/en/2006/09/7091083/financing-infrastructure-africa-region-can-attract-more-project-finance
http://hdl.handle.net/10986/10724
_version_ 1764414143664750592