Infrastructure projects are indeed attracting private-sector capital, but the main challenge for South Africa is developing a robust pipeline of bankable projects that provide investors with the certainty required to deploy long-term capital at scale.
Infrastructure and energy-related funds attracted 71% of capital raised by private equity funds in 2025, says industry organisation Southern African Venture Capital and Private Equity Association (Savca).
Infrastructure and energy accounted for 40% of overall private equity deal value in 2025, which made it the single largest sector by investment value during the year.
Capital is already flowing into infrastructure opportunities, which reflects growing confidence in the sector's long-term investment potential, says Savca CEO Anusha Naidu.
She emphasises that developing a robust pipeline of bankable infrastructure projects requires a deliberate focus on project preparation, regulatory certainty and institutional capacity.
