Private Sector & Development magazine articles

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Tackling the dual challenge of urbanisation: support from the private sector

Salim Bensmail Meridiam
Urbanisation - Kenya
All twenty-first century cities have to both meet the essential needs of their populations and adapt to the effects of climate change. In emerging countries, this dual challenge is being exacerbated by constantly increasing rates of urbanisation. To cope with this situation, we need to foster partnerships between the public and private sectors, as demonstrated by the projects supported by Meridiam.
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Project preparation funds: an effective solution for unlocking investment in sustainable infrastructure in Africa

Samuel Lefèvre AFD Group
Kampala (Ouganda)
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.
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Improving energy efficiency and minimising the effects of climate change in the hospitality sector

Ram Lokan Kasada Capital Management
Hospitality is one of the most energy-intensive sectors in real estate. In many markets in Africa, energy represents a significant burden on profitability, yet the sector has never fully embraced energy-efficient solutions, due to high costs, fear of inconveniencing guests, and a lack of demonstrated savings. Kasada is innovating to change the mindsets of property owners across the continent.
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Enabling Africa’s digital transformation with world-class technology

Chris Wood West Indian Ocean Cable Company (WIOCC)
Numérique Afrique
A partnership between Proparco and pioneering digital network and data company WIOCC is contributing to enabling Africa’s digital transformation. The initiative is creating a world-class technology environment for Africans to use to build better lives and better businesses. This includes local digital content creation, engaging users and promoting inclusive development.
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Implementing Smart Cities in Africa: a project framework

Simina Lazar AFD Group
Smart Cities
According to the International Telecommunications Union and the UN, a smart city is, “... an innovative city that uses … ICT and other means to improve quality of life, efficiency of urban operation and services, and competitiveness, while ensuring ... economic, social, environmental as well as cultural aspects”. Back in 2019, ASToN programme sought to implement this vision. Questions arising included: how does this apply in real contexts, specifically African cities, often in the face of scarce infrastructure and urgency? The following feedback is from this flagship initiative.
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