文章基本信息

标题：Bankability of a public private partnership in agricultural sector: A project in Sub Saharan Africa
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作者：Donato Morea ; Marino Balzarini
期刊名称：Agricultural Economics
印刷版ISSN：0139-570X
电子版ISSN：1805-9295
出版年度：2019
卷号：65
期号：5
页码：212-222
DOI：10.17221/258/2018-AGRICECON
出版社：Czech Academy of Agricultural Sciences
摘要：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.
关键词：financiability analysis; modern agricultural development projects; project financing