PUBLIC-PRIVATE PARTNERSHIPS: HOW CAN COLLABORATION DRIVE DEVELOPMENT IN THE NEW AFRICA AND MIDDLE EAST?

In a discussion about public-private partnerships (PPPs) in Africa, several key points emerge. The importance of transparency and long-term vision is emphasized as essential for successful PPPs. The role of AI is highlighted as a potential tool for improving efficiency and transparency, but there is a caution to ensure it does not replace human jobs. The need for a conducive regulatory and financial framework is also discussed, with a focus on de-risking and ensuring projects are sustainable and beneficial. The conversation touches on the necessity of involving all stakeholders, including communities and suppliers, to ensure mutual understanding and clear expectations. Additionally, the discussion stresses the importance of having competent public servants to balance the partnership with the private sector. Examples from countries like Egypt demonstrate how starting with smaller, impactful projects can lead to successful PPPs. The conversation concludes with a call for standardized international guidelines for assessing feasibility studies in PPPs