The Role of Public Private Partnerships, Financing Agenda 2063 and Fighting Inequality in Africa

The Addis Ababa Action Agenda on financing for development outcome document underscores sustainable and resilient infrastructure as a pre-requisite to sustainable development, as such Public-Private Partnerships (PPPs) are expected to deliver infrastructure in furtherance of this Agenda. Recognizing the global continental strategic visions on infrastructure development, the use of Public Private Partnerships has been on a rising trajectory as they are regarded as a solution to closing the financial gap for infrastructure development, achieving the targets of the SDGs and financing Agenda 2063 in Africa. Africa’s rapid economic growth over the last decade has brought relatively small improvements for human development. It has been noted that one of the barriers to this has been limited enabling infrastructure.