The Africa Project Finance Program
Research indicate that Africa is not attracting adequate investment in infrastructure compared to other developing regions in the world due to lack of capacity to efficiently identify, structure, procure and implement infrastructure projects leading to a huge financing gap. This was the key conclusion of the 1st East Africa Infrastructure Project Finance Conference organized by Lean Africa Consultants in 2019.
Unfortunately, the investment in capacity building by African governments is not commensurate with the ambitious infrastructure project pipeline lined up by most of the countries. The situation has been exacerbated by the fact that the local financial system has not embraced infrastructure projects due to lack of good understanding or low appetite for infrastructure projects. This has led to a widening infrastructure financing gap that is stifling the continent’s quest to effectively compete in the global market.
The Africa Project Finance Program is a three months intensive program initiated by Lean Africa Consultants that is aimed at building local capacity in project finance and Public Private Partnerships (PPPs). The program aims to build a pool of young and competent university graduates who can ultimately propel the continent to efficiently conceptualize, identify, enhance and implement infrastructure project.
The program comprises of up to 60 hours of training in project accounting, project finance and Public-Private Partnership, 3 site visits of active infrastructure projects and 6 candid talks with infrastructure industry leaders from across the globe. The objective is to give the candidates an all round and practical experience so as to ensure that they are competitive in the job market.
This is part of an initiative to ultimately make Africa competitive and attractive to sustainable investment.
- a) 60 hours classwork
- b) 3 site visits to infrastructure projects in different sectors;
- c) 6 expert speaker sessions by expert leaders in the infrastructure sector;
- d) Case study assignment.
Applicants of the Program should meet the following minimum entry requirements:
- a) The applicant should be above 18 years of age;
- b) The applicant should have graduated from a reputable University in the last 2 years from the date of application.
- c) The applicant should be a holder of a business-related degree. Specialization in Finance or Accounting will be an added advantage.
- d) The applicant should be a holder of a Second-Class Upper degree or above or Grade Point Average (GPA) of 3.67.
- e) Proficiency in Microsoft Excel;
- f) The applicant should submit a 1,000-word statement as to why they want to join the Program and how they can use the skills acquired to impact positively on the African continent.
Interested graduates should submit their Curriculum Vitae, copies of academic certificates and a statement as to why they want to join the program to firstname.lastname@example.org before 1700hrs on 11th December 2020.
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