This website use cookies and similar technologies to improve the site and to provide customised content and advertising. By using this site, you agree to this use. To learn more, including how to change your cookie settings, please view our Cookie Policy
Pocketmags Digital Magazines
GB
Pocketmags Digital Magazines
   You are currently viewing the United Kingdom version of the site.
Would you like to switch to your local site?
Digital Subscriptions > Development Finance > Issue 5 > Interview: Amadou Hott

Interview: Amadou Hott

Amadou Hott joined the African Development Bank as vice-president for power, energy, climate change and green growth in November 2016. Hott’s department is responsible for all climate financing by the bank including non-energy projects. He joined from the sovereign wealth fund of Senegal, which he helped the government to set up and where he was chief executive officer for three years. Before that he worked in the private sector for Afribridge Capital, Dangote Capital and Uba Capital as an investment banker in Dubai, Lagos, London and New York
Amadou Hott, vice-president for power, energy, climate change and green growth, African Development Bank
© AfDB

You have worked in both the private and public sector. How can we see them working more effectively together to finance energy projects?

It is absolutely crucial to have them working together. Most of the time you use public money because you need concessional money and very long-term funding like 20, 25 years or more. Also, you need investment grants to make these renewables much more affordable. You might need some support from the government in the form of a grant or in the form of tax breaks to make things cheaper.

READ MORE
Purchase options below
Find the complete article and many more in this issue of Development Finance - Issue 5
If you own the issue, Login to read the full article now.
Single Issue - Issue 5
FREE

View Issues

About Development Finance

Leaders with impact How Europe is leveraging the private sector for development -Why fair taxation should be a development goal -Could wealthy millennials become impact investors? -Zambia praises IFC over new solar programme

Other Articles in this Issue