A Public Investment Corporation research paper in support of the urgent need for investment in Africa presents some startling realities, but also cites investment and co-investment opportunities for development finance institutions, asset managers and private capital.
A Public Investment Corporation research paper in support of the urgent need for investment in Africa presents some startling realities, but also cites investment and co-investment opportunities for development finance institutions, asset managers and private capital.
When floods ravaged KwaZulu-Natal in 2022, they not only washed away roads and bridges, they swept away hope. Entire communities found themselves cut off from the world, their children unable to reach school, their sick unable to access healthcare, their dreams drowning in muddy waters. In the aftermath, as the South African government committed billions of rands to rebuild what nature had destroyed, something profound began to emerge from the devastation: the restoration of human dignity itself – a cornerstone of the African Union’s Agenda 2063 vision of “Building the Africa of our Dreams”.
Aligned to this, and guided by South Africa’s presidency of the G20 for 2025, the Public Investment Corporation (PIC) continues to channel billions of rands into mega infrastructure projects across African economies and to mobilise capital from other investment partners to set in motion development towards sustainable and inclusive growth. Given the infrastructure bottlenecks in South Africa, the PIC, through its Developmental Infrastructure South Africa mandate, seeks to direct funding…