International Project Finance Association (IPFA) are launching a series of linked discussions on Africa to focus on these issues and find solutions.There are no global solutions. However, there are lots of innovative companies (be they banks, accountants, institutional investors or lawyers) who are putting together financial structures to provide individual solutions to project issues on a country by country basis. Until we develop global PPP models, this is how it will remain. However, we can study how issues are being tackled differently in other countries and adopt best practice through knowledge transfer.
Developing global best practice and designing optimal solutions through transfer of knowledge and expertise are the key objectives of IPFA.

Foreword:The 2013/14 outlook for global project finance - cautiously optimistic 1

Further strides for PPPs in the US 3

Q&A:The public private partnerships market in Brazil 6

The success of P3 in Canada 10

The newly introduced FIT system in Japan 15

Key to the highway: PPPs in US transportation infrastructure projects 21

The Middle East and North Africa: How the MENA region is meeting the funding challenge 27

Government capital injection in Brazilian PPPs: Regulatory and financial issues 31

Privatisation and PPP in Japan: Establishment of a PFI fund and the promotion of airport privatisation 35

Improvements in PPP laws: New horizons for developing Russia's infrastructure 39

Rapid growth in the Japanese PFI/PPP and infrastructure sector 44

The Egyptian PPP framework and latest developments 48

Modernisation of the Turkish health infrastructure: What went wrong? 52

Redefining Nigeria's PPP philosophy 56

Public private partnerships:The Egyptian experience 60

PPP market in Pakistan: Key developments and challenges 66

Co-publishers 74

Advertisers index 78

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