BRAZZAVILLE, Republic of the Congo, December
18, 2013/ -- The BUILD Africa Forum (http://www.buildafricaforum.com)
is pleased to announce a strategic partnership with the Institute for
Infrastructure Studies (I.I.S.), a leading infrastructure think-tank based in
London, UK and Doha, Qatar.
The BUILD Africa Forum will be held in
Brazzaville, the Republic of the Congo, from the 5th to the 7th of February
2014
The BUILD Africa Forum, together
with the I.I.S. and the African Development Bank’s Africa50 Fund, have joined
forces and committed their combined expertise in infrastructure investment and
finance to develop solutions to Africa’s infrastructure funding gap.
The strategic relationship aims to answer
the following key questions:
•
How will infrastructure investment risk profiles develop over the next 20 years
and what mitigations can governments implement to incentivize investment?
•
How can infrastructure financing and delivery models be developed to attract
private finance into the region?
•
How can Africa improve infrastructure delivery and avoid the costly overspends
that have afflicted other regions?
Through these strategic partnerships,
BUILD Africa aims to develop an understanding of the various ways in which projects
can be accelerated and increase the number of infrastructure projects that
reach bankability. Using its ability to bring together the private sector,
governments, multi-lateral organizations and global investors, the BUILD Africa
Forum will ensure that the results and ideas developed in Brazzaville are
successfully executed in future African infrastructure projects.
Invitations to BUILD Africa can be
requested online: http://registration.buildafricaforum.com/
Notes for editors:
Quotes on the Institute for Infrastructure
Studies & BUILD Africa forum partnership
Ian Kennedy, co-founder of the I.I.S.:
“As a whole, Africa requires over 90 billion USD of investment per year over
the next 20 years if its member states are to adequately develop core
infrastructure and fulfill their potential as an emerging economies. With
global infrastructure investment forecast at USD 60 trillion to 2030, and a
growing reliance on private finance, Africa needs to ensure it can secure its
share of financial investment. We are therefore delighted to be working
in this alliance with the aim of developing investment models that can bridge
the gap between government finance and private capital whilst ensuring that
projects are managed effectively and delivered on time.”
Jean-Jacques Bouya, Minister to the
President of the Republic for Spatial Planning and Delegate General for Major
Public Works, Republic of the Congo: “We are delighted to formalise our
relationship with the I.I.S and to be working with them and the African
Development Bank to create new and innovative methods for infrastructure
funding and delivery in Africa”.
The BUILD Africa Forum (Brazzaville
Unites Infrastructure Leaders for Development) (http://www.buildafricaforum.com)
will be held in Brazzaville, the Republic of the Congo from the 5th to the 7th
of February 2014. Held under the high patronage of His Excellency President
Denis Sassou N'Guesso, the BUILD Africa Forum will gather more than 500
business and political leaders, who will endeavor to find innovative solutions
to Africa's numerous infrastructure challenges and ambitions.
Please click here (http://bit.ly/19SULo7)
for more information about BUILD Africa or visit online at http://www.buildafricaforum.com.
The Institute for Infrastructure Studies
is a non-profit foundation based in London and Doha that works to help
financial institutions, governments and sponsors of large, complex
infrastructure programmes to appraise and manage the inherent risks associated
with these assets at the development stage. The Institute aims to become
the global centre of excellence in understanding the financing, risk appraisal
and management of large complex infrastructure projects such as public and
freight transportation systems, ports, social infrastructure and stadia.
Africa50 (AfDB Group) is a
new and innovative vehicle which is re-imagining infrastructure financing and
aims to unlock global private capital to close the Africa infrastructure gap.
Africa50 will bring to the market much needed financing tools and services, mainly
offered through its two sub-vehicles: Project Finance and Project Development.
It will be groundbreaking in its design and structure, leveraging
infrastructure-financing resources from a diverse set of sources. Africa50 is
in the process of raising $10 billion USD to finance infrastructure projects
across the continent.
For more information & press
material, on the BUILD Africa forum please contact:
Julie Voiriot Tel: +33 6 61 87 29 76 Ι Email:
julie.voiriot@theexperiencecorp.com
Parfait Iloki: Tel: + 242 066888930 Ι Email: Ilokiparfait@yahoo.fr
SOURCE
BUILD Africa Forum
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