Booklet_France-World Bank Initiative to promote PPPsPDF file - 431 ko Download detail
For infrastructure development and public services in West and Central Africa.
African countries of the franc zone have been experiencing steady growth for the past several years. To ensure funding and completion of the infrastructures and public services needed for development, they are seeking private sector commitments through public-private partnerships.
France-World Bank Initiative to promote public-private partnerships offers the following:
The Initiative is aimed at regional organizations and States of the franc zone in Africa, which comprises 15 countries sharing a common currency, the CFA franc:
The Initiative thus aims at supporting the institutions of monetary unions of the franc zone: the UEMOA () Commission, the West African Development Bank ( ), the Commission, the Development Bank of Central African Sates ( ).
The public-private partnership () is a form of contract by which a public authority calls upon a private company to finance, design, build and/or operate an equipment, which provides a public service or contributes to it.
PPPs are expected to play an increasing role in the investment strategies of African states in the coming years as infrastructure needs are significant and the states have limited debt capacity and insufficient tax revenues to deal with them.
For France, the Directorate General of the Treasury, Ministry of Finance, commissioned the French Agency for Development () to lead the Initiative. Expertise France, the French international technical expertise agency, is in charge of capacity building and communication activities.
For the World Bank, the Initiative is led by theCross Cutting Solution Area (CCSA ) and the Public-Private Infrastructure Advisory Facility ( ) is actively involved.
At the regional level, two technical assistance agreements are running:
At the national level, activities are implemented in Mali, Senegal and Togo.
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