Bankability of a public private partnership in agricultural sector: A project in Sub Saharan Africa
Autor: | Donato Morea, Marino Balzarini |
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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 |
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