AIIM’s Head of Investments, Romain Py, writes in Jeune Afrique about the opportunities and challenges facing African infrastructure in light of the Covid-19 pandemic.
In the piece, Romain highlights the need for development banks and multilateral institutions to leverage their credit quality and access to finance at almost zero interest rates to help revive African economies.
He also discusses the ways in which the pandemic has acted as a wake-up call, forcing the continent to find better ways to finance its infrastructure deficit. Infrastructure funds, with their long-term investment philosophies and forward-thinking planning, have emerged as the ‘winners’, playing a key role during the pandemic.
The energy transition sector, Romain stresses, is where Africa shows its capacity to leapfrog, using advanced technologies to provide reliable, cheap and clean energy to the more than 600 million people without access to electricity.
Read the full piece (in French) here: https://www.jeuneafrique.com/1019375/economie/tribune-les-bonnes-et-les-mauvaises-surprises-de-la-crise-du-covid-19-en-afrique/