In Africa it is becoming clear that the reasons for the shortage of infrastructure investment go beyond the need for policy and governance reforms. But the key problem is not a lack of funding, as might be expected. Instead, it is the lack of packaged, bankable projects -- which in turn points...

Over a two-year period, beginning in late 2004, the Nigerian federal government implemented one of the most ambitious port concessioning programs ever attempted. The success of this program resulted from the government's vision and decisiveness, as well as the need to remedy massive shortcomings...

In Africa. many now seem to agree that developing infrastructure is critical for reducing poverty and promoting sustained economic growth, that the private sector has an essential contribution to make in this effort, and that while expanding the private sector's participation in infrastructure...

In Sub-Saharan Africa, the overwhelming need for infrastructure has motivated regional economic organizations to push for an ambitious agenda of private participation. But to begin solving Africa's infrastructure investment problems will also require broad institutional reform along with greater...

African officials have shown new interest in infrastructure projects involving private participation. But with so little experience with such projects, these officials often have limited knowledge about how best to assess their value for money. Some experts have suggested that developing...