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Infrastructure investment from the private sector and donor countries can boost growth in Africa and aid in post-pandemic recovery. Unfortunately, high risks and slow returns mean that infrastructure projects often struggle to get off the ground.
So how do we create more bankable projects? Mikaela Gavas, Co-Director of CGD’s Development Cooperation in Europe Program and Senior Policy Fellow, joins Gyude to discuss the barriers to investment, the EU’s experience in overcoming them, and how a new initiative—an Accelerator Hub—could act as a one-stop shop to help local businesses and institutions in Africa develop financially viable proposals and connect them with investors.
CGD blog posts reflect the views of the authors, drawing on prior research and experience in their areas of expertise. CGD is a nonpartisan, independent organization and does not take institutional positions.