Global infrastructure leaders are gathering this May in Johannesburg for a series of think-tank discussions designed to propel African development through infrastructure finance. Damane Hlalele, Director at Arup, Vibhuti Jain, Esq. Financial Solutions Lead at Power Africa USAID, and McKinsey & Company Partner Kannan Lakmeeharan are a few of the leaders who will be contributing to think-tank discussions on revitalising Africa’s climate for infrastructure investment that will be held at the 3rd annual Captains of Construction and Infrastructure Leadership Forum.
The Captains of Construction and Infrastructure Leadership Forum is an African leadership initiative designed to mobilise finance for infrastructure delivery across the sub-Saharan region. The Captains of Construction and Infrastructure Leadership Forum unites African leaders to define African solutions for infrastructure development and industrialisation in the local marketplace. As the official knowledge partner for the Leadership Forum, global consulting company McKinsey & Company will draw on its recent research and insights on infrastructure financing and development in Africa to guide the content and direction of these scheduled leadership discussions.
“If we are to support the African growth story, we need to figure out how to scale up financing and build local capabilities,” said McKinsey partner Kannan Lakmeeharan in a recent interview. “If we do not figure out how to scale up local capabilities, those countries that are helping to execute projects in Africa will build up the expertise and Africa will lose out.” McKinsey partner Kannan Lakmeeharan moderates a think-tank discussion on revitalising Africa’s climate for infrastructure investment alongside USAID and Arup and is joined by George Rautenbach, CEO of Africa Business Experts and Vivian Ramathuba, Senior Project Development Manager from the Industrial Development Corporation (IDC), among others, to redefine the African roadmap for infrastructure development. The roundtable discussion will explore how to build a pipeline of well-developed, bankable projects; develop the skills necessary to successfully use innovative funding mechanisms and P3s; and how to improve project execution to deliver projects on time and on budget, making them more attractive for investors and maximising the use of public funding. “Arup demonstrates its commitment as a partner to Africa’s development through its participation and support of the 3rd annual Captains of Construction and Infrastructure Leadership Forum,” offers Damane Hlalele, Director at Arup in Southern Africa.
The Captains of Construction and Infrastructure Leadership Forum convenes over 100 C-level professionals operating across Africa’s built environment to take part in a series of strategic debates on infrastructure development and delivery in the sub-Saharan region. The Captains of Construction and Infrastructure Leadership Forum is where Africa’s most competent and passionate industry leaders meet to identify bankable infrastructure projects, promote and develop effective public-private partnerships, and optimise spending. The Leadership Forum facilitates engagement amidst investors and project owners for residential, commercial and industrial build projects across the sub-Saharan region.
With support from South Africa’s Department of Human Settlements as Official Government Partner, McKinsey & Company as Knowledge Partner, and sponsored by Arup and Mota-Engil Construction Africa, the Captains of Construction and Infrastructure Leadership Forum is poised to support infrastructure development in Africa by engaging new lines of communication and collaboration for Africa’s growth story and the industrialisation of the continent.