Urgently Needed: More new and effective Public-Private Partnerships (PPPs)

New and more effective public-private partnerships (PPPs) are urgently required to meet the critical infrastructure needs of a global economy. Around the world, new investments in electricity (green and other), roadways, railways, port facilities and water supplies are falling short of the demands of a growing population and an increasingly interconnected and interdependent global economy. While in the developed world, governments often have the financial capacity and experience in either providing such infrastructure directly, or through closely regulated private companies, such is not the case for much of the developing world, and in Africa in particular. In fact, the African Development Bank (“AFDB”) estimates that African countries need to invest 130-170 billion USD by 2025 to meet their present and future infrastructure needs.

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