Financial adviser on DFID project to boost services in Ugandan cities
10 October 2018
Genesis Analytics has been appointed PPP and financial adviser for a DFID-funded Cities and Infrastructure for Growth programme in Uganda.
The UK is providing £165m over five years to implement a portfolio of country and regional interventions to boost inclusive economic growth and job creation. The interventions will help city economies to become more productive, deliver access to reliable and affordable power for businesses and households, and strengthen investment in infrastructure services, including from the UK.
The Cities and Infrastructure for Growth programme (CIG) will include co-ordinated and politically-informed technical assistance (TA) to partner governments and agencies to reform and strengthen the policy environment and promote investment, growth and create jobs. CIG’s TA will eventually operate in about nine priority countries in Sub-Saharan Africa and South Asia.
CIG will work initially across three to four countries, including Zambia, Uganda and Burma.
Cardno Emerging Markets (Cardno) is the lead on the Uganda project with the Infrastructure practice in Genesis providing technical expertise in PPP advisory, capital raising, market intelligence and sector and cost benefit analysis.
CIG is in line with the goal of promoting global prosperity set out in the UK Aid Strategy. It will create an enabling environment for cities to function effectively, attract new businesses and create employment. It will provide access to reliable energy for households and businesses, thereby reducing production costs and removing the barriers to investment in much needed infrastructure services, such as energy, water and sanitation, transport and communications.