Bankability of a public private partnership in agricultural sector: A project in Sub Saharan Africa

Autor: Donato Morea, Marino Balzarini
Jazyk: angličtina
Rok vydání: 2019
Předmět:
Zdroj: Agricultural Economics (AGRICECON), Vol 65, Iss 5, Pp 212-222 (2019)
Druh dokumentu: article
ISSN: 0139-570X
1805-9295
DOI: 10.17221/258/2018-AGRICECON
Popis: A public private partnership can be an effective approach to deal the projects with modern agricultural development in Sub Saharan Africa. A former financial analysis of a development project, carried out by the authors, showed that public and private partners can effectively join in a mutually satisfactory venture capital. The same project is now complemented with a bankability study, considering lenders options, equity allocation, collaterals and likely applicable interest rates, available cash flow and sustainable debt service repayment to provide a through financing scenario for each partner's perspective assessing the relevant Debt Service and Loan Life Cover Ratios. Cash flow and interest rates fluctuation impacts are eventually investigated with a sensitivity analysis to prove the robustness of the proposed scenario.
Databáze: Directory of Open Access Journals