Private Sector & Development magazine articles

Fragile countries like Nigeria have to contend with a high level of energy insecurity - a result of their many social, economic, security and health challenges. Energy supply solutions are limited for the private sector, and diesel generators are often used to replace a faulty or expensive electricity grid. Photovoltaic solar energy is a valuable alternative, however, its adoption is often delayed by regulatory uncertainty, unpredictable changes in grid prices and exchange rate fluctuations.

Development finance institutions (DFIs) are increasingly called to invest in fragile countries, facing a diversity of challenges linked to security, economic and environmental issues. The private sector has a highly diversified, informal and resilient presence in these regions. How can DFIs provide support in such contexts, while ensuring that their impact is a positive one?

Financing of essential local services and sustainable infrastructure in African cities is not sufficient to meet current demand. Project preparation funds can provide both preliminary technical assistance and project support for resilient urban development programmes. In doing so, they facilitate both decision-making and financing, especially from private stakeholders.