Zimbabwe: Public Private Partnerships in Zim - What Govt Should Be Cautious About

analysis

The definition of Public Private Partnerships (PPPs) is debatable. PPPs can be defined as long-term contractual arrangements where the private sector provides infrastructure assets and services that have traditionally been provided by governments with the arrangement ensuring that there is some form of risk sharing between the private player and the public sector.

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. As a result, the World Bank, the International Finance Corporation (IFC) and International Monetary Fund (IMF) have been at the forefront of promoting PPPs for infrastructure development and governments and business leaders across Africa have come to accept PPPs as a means of procuring and financing infrastructure projects for their development.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.