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"MADE IN AFRICA - FOR AFRICA" FDA NEWSLETTER
MASS MAIL
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The FOUNDATION FOR THE DEVELOPMENT OF AFRICA proudly presents you with the following information that may add value to Africa's development. Please direct any correspondence to: info@isupportafrica.com
A vicious circle!
The lack of infrastructure finance has emphasised the value of partnerships. Although commonly referred to as PPP (public - private partnerships) - these partnerships also include private - private partnerships and public - public partnership - more so where multi country infrastructure projects are envisaged.
For Africa to sustain a growth of 7% per annum she needs to generate in excess of US$20 billion per annum.
At a recent Infrastructure Renewal and Finance Congress, held here in Sandton, South Africa, chaired by yours truly, the following issues emerged as essential when preparing for infrastructure projects:
Prioritise infrastructure projects
It was also evident that an index of infrastructure projects should be made available!
Macquarie Africa (Pty) Ltd recently developed the Macquarie Global Infrastructure Index calculated by FTSE to allow investors and asset managers to benchmark infrastructure performance on a global basis. For more detail on this interesting index please contact:
As at 06H45 on Saturday 06 August 2005 the following results were evident on this search:
" business development africa "
Our ISP, Hetzner Africa, made the following website "HIT" statistics available:
MONTH FIRST TIME VISITS TOTAL HITS
June 2005 5121 86,673
July 2005 5585 88,733
AND
http://www.foundation-development-africa.org/africa_investment_opportunities/index.htm
Both these pages are also ranked within the top five WebPages on all major search engines in the world when searching for "business opportunities africa" and "investment opportunities africa"
You are welcome to submit any opportunities you may have (or looking for) -
Making Partnerships Work for Africa
But there is another path - one Africa needs to follow. The idea of public-private partnerships (PPPs) grew from the contentious debates over privatisation, initially pushed by the IMF onto insolvent African states. Critics rightfully noted that privatisation forced from outside could be undemocratic, often enriching political cronies and causing layoffs. But PPPs offer the prospect of a third way that harnesses the technical, managerial and financial capacity of business into the performance of tasks government was doing poorly.
With well-structured deals, businesses and governments have collaborated to refurbish delinquent ports, roads and rails that governments could not manage alone. Businesses have effectively built and maintained hospitals and schools, and repaired roads. But PPPs are no panacea .....
To view a full version of eAfrica (in magazine format in Adobe Acrobat) - see: www.saiia.org.za
Speaking at the Business Action for Africa Summit in London, Shell's CEO Jeroen van der Veer argues that business can make a contribution to tackling poverty in Africa through its everyday business operations. It can also play a role by targeting social investment. However business cannot act alone, governments need to create a supportive investment climate, underpinned by good governance that will allow businesses, big and small, to unleash Africa's potential.
For Africa to succeed in her efforts to develop and prosper ALL of Africa need to take hands.
23 August 2005
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