Market News and EISER Archive
Where Africa’s infrastructure spend is coming from
Majority is funded by development capital, not private investors.
South Africa is the top destination for Infrastructure funding on the continent, according to a recent Economist Corporate Network (ECN) report, taking up 28% of funding from development funding institutions (DFI) between 2009 and 2014. The lion’s share of that capital, some $16.3 billion, went towards the Renewable Energy Independent Power Producer Procurement (REIPPP) programme, which also accounted for 43% of all power-related funding commitments in the period. South Africa was followed by Egypt, Nigeria, Morroco, Kenya and Ethiopia as the largest receivers of development capital.