ACCREDITED CEMAC In the 06 countries of Central Africa
Community authorisation to practise as a
chartered accountant and statutory auditor
ONEC ACCREDITED DRC (Congo Kinshasa)
African countries are currently using Public-Private Partnerships to improve their infrastructure (bridges, roads, hospitals, public services, etc.). Bridges in Abidjan, numerous infrastructures in Cameroon, Chad, Congo, Gabon and Senegal are currently being finalized through this mechanism.
What is it about?
The reference guide published by the World Bank defines PPPs as "arrangements, usual in the medium and long term, between the public and private sector through which certain services which are the responsibility of the public sector are administered by the private sector, sealed through a clear agreement on common objectives relating to the delivery of infrastructure and/or public services."
According to the PPP reference guide in its version 2.0, the infrastructure deficit constitutes an obstacle to growth in the world and particularly in developing countries. It has been noted that services linked to infrastructure are often deficient and cannot meet demand. Infrastructure-related services are also unreliable and of lower quality. These deficits reflect the challenges that governments face, due to several possible factors: insufficient financial resources, poor selection of projects, inadequacies in budgetary planning or coordination, political objectives, corruption, etc. .
African governments are turning to PPPs to finance their infrastructure because they are aware of the importance of the investments required, yet they do not have the financial means to undertake new projects through traditional procurement channels. markets. Additionally, some forms of PPP can help increase the financing available for infrastructure, i.e. increasing additional revenue to provide infrastructure-related services.
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