African project developers cannot access affordable financing for large-scale infrastructure megaprojects

African companies and governments pursuing major infrastructure projects face severe financing constraints because commercial banks have limited appetite for big-ticket project finance, forcing them to compete for scarce capital from multilateral lenders. Current commercial banking models are structurally inadequate for Africa's megaproject needs, leaving developers stuck between unaffordable traditional bank rates and oversubscribed multilateral lenders, causing project delays and abandonment.