The eighth Forum on China Africa Cooperation (FOCAC) drew to a close last week in Dakar. The big takeaway this year is a noticeable shift in China’s approach to Africa—from hard cash for infrastructure, to soft cooperation on trade and human capital.
CGD Policy Blogs
CGD’s Mikaela Gavas joins Gyude to discuss barriers to private investment in health and infrastructure projects and how a new initiative—an Accelerator Hub—could help local businesses and institutions in Africa develop financially viable proposals and connect them with investors.
Through its European Investment Advisory Hub, the European Union (EU) has built solid experience in project preparation within its own borders by connecting project promoters and intermediaries with advisory partners who work directly together to help projects reach the financing stage. Building on this approach, we propose the establishment of an Accelerator Hub, which would provide targeted support to identify, prepare, and develop investment projects in Africa.