Legal and Financial Aspects of Project Finance in Africa

This book offers a comprehensive analysis of the specifics of project financing in Africa and suggests how to structure and operate those projects in an emerging continent.Infrastructure development in Africa is essential to meet the needs of the population and is a major lever for economic and social development.Financing solutions exist to offset the limited investment capacity of African sovereign States, particularly through involving the private sector and project financing.In view of the challenges and specific features of the African continent, this book looks at the ways in which project financing is used in the region.Describing the structuring of infrastructure projects from inception to development and financing and then construction, the book offers insights into African legal frameworks and drafting of financing contracts, and preparation of financial models.It also covers management of disputes and the principles of bankability.Offering a global yet harmonised view of applicable regulatory frameworks, the book is a practical and comprehensive guide to project finance and business law in Africa. This book will be of interest to practitioners, researchers and students in the field of finance law, business and banking law and law in Africa.