African Energy white papers address the challenges facing Africa’s electric power industries.
The first paper in the series, published September 2024, argues that a limited set of specific reforms at multilateral development banks (MDBs) could achieve a major difference while having little or no impact on institutional credit ratings.
If implemented, these reforms would help overcome the high default risk perceptions, and consequently limited availability and higher interest rate margins in African project finance. This would incentivise private sector financiers to invest based on commercial risks, something they are currently reluctant to do.
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African Energy and the paper's author, Farid Mohamed, welcome your comments and feedback.