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TAKE BACK AFRICA SUMMIT: Plotting The Next “BIG” Social Impact Investment to Africa

Take Back Africa Summit– A network of young African Millennials in Diaspora.
Expect a significant flow of knowledge, skills and financial capital needed to invest and drive African infrastructure development, public health, economic revitalization and education reform forward to come from this network.

Fata Acquoi leads The Take Back Africa Summit Initiative

THE FACTS FOR TAKE BACK AFRICA
The World Bank Migration and Remittances Data showed that an estimated $ 389,460 flowed into African countries from their nationals living or working abroad in a five (5) year period between 2012 and 2017. Deciding to volunteer and take practical actions that meet the local needs of Africa is very important. This time, a group of young African Millennials who have studied and are living in diaspora are taking up the challenge.

SUPPORT THE NEW BRAVE AFRICA >> https://fundly.com/take-back-africa-summit-2018
The summit- Take Back Africa is planned for a later date in the year. During the summit, the young Africans will network and mobilize assets to accelerate the development of the continent on the global sphere

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WHAT TO LOOK FOR BEFORE YOU SHOOT FOR A PPP (PRIVATE PUBLIC PARTNERSHIP) IN AFRICA: TIPS ON NIGERIA (2)

 

PPPs (Public Private Partnerships)- a type of arrangement between governments and private companies to  finance, design, construct and run  infrastructure projects; are a growing fashion in Sub Saharan countries like Nigeria.

Here are a few tips on what to look out for before you say “I do” to a Public Private Partnership in Nigeria:

 

[eltdf_dropcaps type=”square” color=”Gold ” background_color=”Green”]I[/eltdf_dropcaps]Know your “Government” Partner

A popular saying in Nigeria is “government business is nobody’s business”. However, in reality, just like everyone, governments do have a face, personality and attitude. These are areas you can look out for to know how a government may act up in a PPP.

#Respect for due process: Will a government allow best PM practices to be carried out without playing the Godfather or interfering

#Integrity: Does this authority keep her words

#Rule of law: Does the government in question respect binding agreements, court orders?

#A Human face: Does the government have any records of violating human rights?

The government you are planning to partner in a PPP can treat you in similar or worse ways they treat others!

 

[eltdf_dropcaps type=”square” color=”Gold ” background_color=”Green”]2[/eltdf_dropcaps]Where to look?

The platforms listed below, provide up to date information on governance, performance of PPP projects, human rights and due process in Nigeria.  This is just for guideline; you can expand your facts checking/due diligence using ideas from them:

 

ICRC PPP Contracts Disclosure Portal  

The official web portal of the Infrastructure Concession Regulatory Commission provides updated information on the life cycle and peformance of PPPs in Nigeria.

 

 

 

 International Centre For Investigative Reporting

One of the leading platforms for investigative reporting in Nigeria, the International Centre for Investigative Reporting gives well rounded coverage and reviews of the social impact and performance of projects in Nigeria.

 

 

World Bank Group Infrastructure & Public-Private Partnership Blog

The World Bank PPP Blog offers diverse opinion and analysis of Public-Private Partnerships in various economies including Nigeria.

 

Did you find this blog post useful for your planned PPP proposal? Need To get a robust Stakeholder Analysis done? PasSolutions(Projects Advisory Services and Solutions) delivers complete Stakeholder analysis services for your project design including important output documents such as the Needs assessment, Feasibility studies,  Environment & Social Management Framework(ESMF), Environmental Impact Assessments (E.I.A)

Contact: akino@passolutions.com.ng

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WHAT TO LOOK FOR BEFORE YOU SHOOT FOR A PPP (Private Public Partnership) IN AFRICA: TIPS ON NIGERIA (1)

 

Do not be careful of Africa; be excited for its potential

https://www.facebook.com/nasdaily/videos/935030406649112/

PPPs (Public Private Partnerships)- a type of arrangement between governments and private companies to  finance, design, construct and run  infrastructure projects; are a growing fashion in Sub Sahara Africa!

Projects valued around $93billion every year, need to come alive in African countries like Nigeria to bridge the infrastructure deficit. They are currently 60 PPP projects under development in Nigeria with a significant funding gap to cover and improve sectors such as education, health, energy and telecommunications.

Private sector companies and investors (both foreign and domestic) will find the opportunity to engage government/public sector in Nigeria for PPPs arrangement exciting (for long term profit and social impact). There are clear cut policies and running regulations like the Infrasturcture Concession Regulatory Commission (ICRC) Act of 2005, the National Policy on PPPs etc

Here are a few other SMART tips for private sector companies and investors shooting for a partnership with the government or public sector in Nigeria need to keep in mind.

What to look out for before you shoot for A PPP in Nigeria? 

Read the complete post. Click HERE