The role of Private-Public Partnerships (PPP) and innovative financial models in Sustainable Development
I am part of the Project Appraisal team for PPP electricity transmission projects with the mandate to procure transaction advisory for the new envisioned PPP transmission projects in Kenya. I have noted in my experience working and researching on the best PPP approach that, wholesome solutions to modern day problems cannot be solved by addressing one facet. Instead, governments, private sector, multilateral institutions and donors have to come together in order to make any significant and lasting changes. Leaders and technical experts responsible for policy and regulation in Africa, should be able to easily identify such synergies making progress towards achieving SDGs likely. An example would be an IFC funded private sector renewable energy project in collaboration with the government which provides tapped water and roads (via IDA/WBG funded projects) to supply cheap energy to poor communities, critical to poverty eradication. This can be seen in Rwanda’s energy sector, which ha...