Nairobi is set to be Africa’s Public-Private Partnerships (PPP) resource hub due to its standing out in implementing African Development Bank (AfDB) 10 year economic strategy . The hub will provide African governments with capacity for structuring win-win PPP projects in an effort to efficiently bridge Africa’s infrastructure financing need. This was announced during a workshop organised by AfDB’s Africa Legal Support Facility (ALSF) in partnership with Expertise France (the French International Technical Expertise Agency) and CEFEB – Corporate University of the Agence Française de Development (AFD).
Speaking at the opening ceremony, AfDB Eastern Regional Director, Mr. Gabriel Negatu said “AfDB will, through the PPP resource hubs, support governments with technical support to ensure mitigation and management of legal, financial and technical risks.”
The training taking place in Nairobi attracted over 100 applications from 12 African countries but only 30 made the cut. The team consists of regulators, professional services practitioners and financiers from Djibouti, Gambia, Kenya, Malawi, Mauritius, Nigeria, Somalia, Uganda, Tanzania, Zimbabwe and Ethiopia.
Some of the topics in discussion include: structuring principles for PPPs and appropriate legal framework, contracting models for PPP entities and PPP financing and business environment. In Kenya, the Public-Private Partnerships Unit (PPPU) was formed under Section 8 of the Public Private Partnership Act 2013 as a Special Purpose Unit within the National Treasury. It aims at serving as the secretariat technical arm of the PPP Committee, which is mandated with assessing and approving PPP projects in the country.