Pan-African Infrastructure Development and Public-Private Partnerships serves as a practical reference tool for business people, lawyers and academics to understand the public-private partnership (“P3”) model and its applications as it relates to Africa. This book represents one of the first comprehensive examinations of P3s as a financing tool to address the infrastructure gap and as a key component to address Africa’s infrastructure challenges – inadequate transportation, communications, water and power. Africa’s rapid urbanization and growing middle class generates hundreds of millions of consumers and therefore a greater demand for infrastructure development. This creates new opportunity for Africa as the world’s latest frontier for economic growth. Estimates of infrastructure development are expected to exceed US$1 trillion per year over the next several years. Indeed, this level of investment more than likely stimulates and creates new growth opportunities as the P3 model is used to facilitate and develop a new urban Africa. This book provides an overview of Africa as an emerging economic global player and the newest frontier for infrastructure development. It highlights P3s as a model to facilitate the economic growth emanating from Africa’s position as the new frontier for infrastructure development. This book examines further the advantages and challenges of P3s while also focusing on the P3 model as it is used in Africa. Finally, the book provides a review of the use of P3s in select African countries.
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Vince Napoleon is a partner in the Washington, DC office of Nixon Peabody LLP. He focuses his practice on corporate transactions, government contracts, mergers and acquisitions and life sciences. He counsels clients on compliance matters as well as litigation, GAO protests and public private partnerships.
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