About De Buys ScottDe Buys Scott is a Senior Partner in Transactions & Restructuring, head of the KPMG Global Infrastructure advisory in Africa. De Buys is, furthermore, responsible for the development of the Power and Utilities sector in Southern Africa. He has had vast SA, African and International experience in a wide variety of sectors and activities. He began his career in the merchant banking services sector where he was responsible for various aspects of corporate finance ranging from listings and disposals to mergers and acquisitions. He has extensive experience in Project and Structured finance and Public-Private Partnerships. In the public sector, he has worked with various state-owned enterprises, municipalities and national government departments, particularly in implementing financial solutions in the energy and transport sectors.
Author Archive | De Buys Scott
As the mature economies of Europe, America and Asia continue to struggle, the eyes of the world have started to focus onto the wealth of opportunity that can only be found in Africa. And rightfully so. Right across the great continent, we are witnessing rapid rates of urbanization and population growth which, in turn, is creating one of the fastest growing labour forces and consumer markets in the world.
To many, Africa is a land of mystery and danger; a place where development is needed and investment is scarce; a complex patchwork of countries, cultures and societies. But to a growing number of infrastructure developers and investors, Africa is quickly becoming one of the hottest and most valuable emerging markets for infrastructure in the world.
South Africa has – in many ways – outstripped Africa’s rate of development by leaps and bounds. Since the arrival of democracy in 1995, the country has enjoyed a veritable infrastructure renaissance that has only been picking up steam over the past decade.
African infrastructure development faces a key challenge in attracting private sector and foreign direct investment. Fortunately, catalyst projects can encourage investment in infrastructure development and thereby stimulate growth. This is on condition African nations address the need for bankable projects and the successful financial closure of projects.
The wind of change has hit the African continent and economic recovery is on its way. Many institutional investors have woken up to the African call to realise the potential of this continent.
Kofi Annan, former Secretary General of the United Nations, pointed out that although the Africa-wide growth rate of 5.5% was impressive, more had to be done as the poor quality of leadership in Africa risks hampering the continent’s rapid economic growth. Following the World Economic Forum Africa Regional Summit which took place in South Africa in May 2011, world leaders went back to their respective countries with a new frame of mind.
Investing in Mauritius offers a safe and business-friendly location for the investor community and, with its cosmopolitan and bilingual heritage, it is the ideal stepping-stone for investment …
Official aid (development assistance) alone will not be adequate for funding efforts to accelerate economic growth, poverty alleviation and other Millennium Development Goals (MDGs) in Africa.
Global, regional and national growth all require a blend of many contributing factors, such as a robust private sector, the political will to create an environment conducive to business’s and institutional structures and mechanisms to cater for these markets as well as the social conditions of education, health, water and sanitation, etc. True growth and development encompasses all these in a complex nexus of facilitation and delivery.
Over the last few decades, many development objectives have been pursued through multilateral and bilateral donors channelling aid to developing nations through governments, Non-Governmental Organisations (NGOs), United Nations agencies and initiatives such as the Global Fund.
The first decade of the 21st century’s main goal was poverty reduction, but Private Sector Development (PSD) has recently received much priority. The aim of PSD is to get the economic fundamentals right, such as fiscal, monetary and trade policies, privatisation and ‘cutting red tape’.
KPMG names six African infrastructure projects among the 100 most innovative global infrastructure projects that make cities liveable and sustainable …
Road and rail infrastructure development projects are highly advantageous for the future of the domestic economy …