The Africa Infrastructure Fellowship Program (AIFP) is a public-private initiative to support African governments build capacity in public infrastructure procurement. Developed by the Global Infrastructure Hub (GI Hub), Meridiam and the World Economic Forum, the AIFP aims to mobilise stakeholders across government, the private sector and multilateral development banks to deliver a program of practical training for public sector infrastructure practitioners. The AIFP will provide participating civil servants with tailored training by academic experts and infrastructure professionals, as well as give them an opportunity to undertake ‘hands-on’ learning by spending time in a private sector Sponsor Organisation. The objectives of the AIFP are to create the conditions and momentum for change in public infrastructure procurement and delivery in selected countries or regions, through partnerships that build capacity and break down any perceived or real barriers in understanding. In addition, the AIFP seeks to establish a network of practitioners across Africa and globally, to facilitate the exchange of knowledge, insight, technical expertise and on-the-ground experience between infrastructure market participants, both public and private sector.
The purpose of these principles is to help government work with private sector partners to finance and bring to fruition projects in areas of vital economic importance, such as transport, water and power supply and telecommunications.
Over the last decade, much has been written about globalisation and how we’re more connected than ever before. In the infrastructure world, we think of connectivity as the “linkages of communities, economies and nations through transport, communications, energy, and water networks across a number of countries” .
The 2018 edition of the Global Competitiveness Report represents a milestone in the four-decade history of the series, with the introduction of the new Global Competitiveness Index 4.0.
The IPD Global Quarterly Infrastructure Direct Asset Index highlights the performance characteristics of the asset class and builds a track record which can be segmented by region, sector and other key metrics.
The third meeting of the G20 Infrastructure Working Group (IWG) was held in Sydney, Australia from the 4th to the 6th of June, with the GI Hub playing an active role.
This guidance tool has been developed for governments that wish to enhance the viability of their PPP infrastructure projects.
Building Prospects (formerly known as Infrastructure Development Fund, IDF) was established in 2002 by the Dutch government and FMO to support private investments in infrastructure.
InfraCompass is an interactive tool that looks at the infrastructure capabilities of 49 countries.
The PPP Risk Allocation Tool 2019 Edition is now open for consultation. Feedback provided through this process will inform the final version which will be released later this year.
As outlined earlier in this blog series, private investors are looking for reliable returns to justify the risks that they are taking. Financing and procurement of cross-border projects will often be more complex than national projects due to the scale of the project and compounded risks, and the financial returns may be more uncertain than for national projects.
Risks can be hard to define, manage and mitigate. In infrastructure projects that cross regional or national borders and involve multiple parties from both the public and private sector, these risks may be amplified.