Development Finance

Perspectives #02/2017: Putting People Back Into Infrastructure

Published: 12 June 2017

This edition of Perspectives contributes to the ongoing debate on infrastructure development in Africa by sharing snapshots of experience from around the continent, exploring questions about democratic participation, the role of human and environmental rights, and economic transformation.

Development Finance in BRICS Countries

Published: 14 September 2015

For decades, the world of development banking was dominated by a few multilateral actors, foremost the World Bank Group as well as regional development banks. In recent years, some established banks have much expanded their scope of operation, while new actors and interests are moving in. A number of national development banks, for example from China and Brazil, have entered the international arena in a big way, often operating far outside of their respective home countries and becoming truly global actors.

High Ambitions and High Risks: Programme for Infrastructure Development in Africa (PIDA)

Published: 4 September 2015

Dr. Mzukisi Qobo describes PIDA's plan to double levels of investment in energy, water, and transportation mega-projects in Africa and the opportunities and risks these projects present for infrastructure investors and, especially, for Africans.  He cites six categories of risk (political; social and environmental; fiscal; security; institutional; and technical) and asks the big question: will PIDA accelerate the colonial patterns of resource extraction or foster the economic diversification required for Africa to prosper and expand job opportunities.

The G20’s Energy Infrastructure Plans for Africa: What is Missing?

Published: 12 February 2014

The G20’s commitment to conventional solutions obscures the possibility of other alternatives. Even though the alternatives present challenges in terms of replication, cost, and scale, the G20 summit in Mexico in June 2012 should re-cast the criteria for selecting and financing energy projects to highlight modular, renewable energy solutions.