Public Private Partnership’s experts representing Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Senegal, Togo, Uganda, Congo, Mauritius and Kenya participated in training on the legal, contractual and financial aspects of PPP projects in the energy sector.

Public Private Partnership’s experts representing Burkina Faso, Cameroon, Côte d’Ivoire, Mali, Senegal, Togo, Uganda, Congo, Mauritius and Kenya participated in training on the legal, contractual and financial aspects of PPP projects in the energy sector. 

The ongoing five-day training concluding today,15th January 2016 at the Centre d’études financières, économiques et bancaires (CEFEB) headquarters in Marseille, France, was organized by African Development Bank(AfDB).

The programme sought to strengthen the capacity of the African Development Bank’s regional member countries so that they are able to identify, prepare, develop and negotiate bankable PPP projects. 

“The PPP experts attending the training focused on the energy sector are expected to learn from each other and exchange lessons learnt from their individual countries. Most African countries need to explore innovative ways to attract much-needed investments to fast-track universal access to power. The debate is not about the level of investment required to meet the energy demand in Africa, but rather how do we get parties to understand and minimize risk for the respective parties in a negotiation. Building investor confidence in African markets is critical,” said Maude Vallée, Principal Legal Counsel at the African Legal Support Facility (ALSF).

Vallée added that the PPP model offers an alternative means through which African governments can mobilize resources for the energy sector. To achieve this end, we need to equip the experts with the appropriate skills. 

The training component focusing on the energy sector forms part of the three-year training programme which is a joint collaborative effort between the ALSF, Agence Française de Development (AFD) through its corporate university, CEFEB, and Expertise France.

Also, International Project Financing Association (IPFA) has been conducting seminars or workshops across the world to educate energy experts and investors on  mega projects investment in  Africa. Some of the challenges that investors face while investing in such projects include security, way leaf access and inadequate infrastructure development. In 2013, Kenya established a unit under Ministry of National Treasury to handle PPP projects.

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