The latest Baker McKenzie report, New Dynamics: Shifting Patterns in Africa’s Infrastructure Funding analyzes the latest data from IJ Global to explore the state of the African infrastructure market and the key drivers of change – namely the outlook for project finance in Africa, important players who will fund next generation infrastructure and how both commercial and community gains can be maximized.
The impact of the pandemic has been acutely felt in infrastructure projects across Africa and shifting dynamics are now beginning to play out. The way in which infrastructure needs will be met in Africa is changing, with alternative finance stepping in where international banks are pulling back, DFIs adopting broader roles in channeling infrastructure capital and the idea of self-finance gaining momentum. These trends won’t take effect overnight, but are patterns of evolution that are set to emerge over the next decade.
The report outlines these changing trends and new patterns and includes input from our Africa infrastructure specialists in Cairo, Casablanca, Chicago, Hong Kong Johannesburg, London, New York and Paris, as well as exclusive commentary from key contacts at the US Development Finance Corporation and the African Development Bank.