With bank lending slowing, private credit is stepping in to fund Africa’s infrastructure deficit.
This article appears in the October issue of Global Finance Magazine.
Nascent private credit inflows are helping African countries and the private sector to plug infrastructure financing gaps, with energy, logistics and digital connectivity projects such as telecoms and fiber-optic internet attracting financing from this category of debt capital.
Africa’s infrastructure bottlenecks deter investors while national budgets often overlook key infrastructure funding requirements. The Southern Africa Venture Capital Association’s 2025 report notes that “private credit and infrastructure are gaining traction” across Africa in response to the region’s evolving capital needs and development priorities.
This comes at a time when development financiers and traditional lenders…
