Catalyzing Change: Regional Roundtables on Infrastructure Governance
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In the aftermath of the global financial crisis, policy makers focused on improving access to finance, missing the crux of the problem: governance.
In pursuit of achieving the Sustainable Development Goals through the 2015 Addis Ababa Action Agenda on financing for development, the Regional Roundtables on Infrastructure Governance* were created to promote a community of practice comprising government officials and the international development community to strengthen capacities within developing countries and establish good practices in infrastructure governance across various government sectors.
The inaugural roundtable, hosted by the Development Bank of Southern Africa, will take place in Cape Town on November 2-3, 2017, and aims to emphasize that for the commercial financing of infrastructure to be a viable option, governance reforms must happen.
—both domestic and foreign. It is indisputably within the power of governments, the business community, and civil society to make this happen. There are many success stories across Africa to prove it, and some of the most emblematic ones will be showcased at the event.
Participants from across different sectors of society will have the unique opportunity to discuss, share experiences, and propose solutions to such questions as:
Participants will include many high-level government officials as well as renowned presenters and panelists, among them South Africa’s Minister of Finance Malusi Gigaba, the Nigerian Sovereign Investment Agency’s CEO Mr. Uche Orji, the African Union’s Commissioner for Infrastructure, Energy and Tourism Dr. Amani Abou-Zeid, and Meridiam CEO Thierry Deau. The event will be chaired by Pierre Guislain, Vice President of the African Development Bank, and Hartwig Schafer, Vice President of Global Themes at the World Bank Group.
The Cape Town roundtable is the first of two Sub-Saharan Africa roundtables, with the second to be hosted in Abidjan in early 2018.
Learn more about the Regional Roundtables on Infrastructure Governance.
*The Regional Roundtables on Infrastructure Governance were created by the World Bank Group in collaboration with the Asian Development Bank (ADB), the African Development Bank (AfDB), the African Legal Support Facility (ALSF), the Development Bank of Southern Africa (DBSA), the Global Infrastructure Hub (GIH), the Konrad Adenauer-Stiftung Foundation (KAF), New Partnership for Africa's Development (NEPAD), the Organisation for Economic Co-operation and Development (OECD), and the Public-Private Infrastructure Advisory Facility (PPIAF).
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The Round Table is handling a very important issue that all implementer of Infrastructural projects if not got right will fail final outcome of these projects. The level of Institutional framework, Strategic Planning and governance issue is key in Infrastructure financing. I wish my country Uganda would be represented at this function.
Infrastructure development and access to finance is key in the development of all economies in the World. strategies to access finance across all sectors is very crucial and pertinent which needs critical attention across all sectoral actors. As Uganda we would like to be part of this meeting to draw strategies and bench marks for our country.
The right governorance sectors are very essential for all sorts of sustainable
development goals in both developed and developing countries.
Govenrance reforms are necessary for both domestic and foreign investment with
the collaboration with civil society represented mainly in the PPPS projects ( public private partnership projects )that are supported by the World Bank.
Yours Very Respectfully,
Dr. Mohamed Taher Abdelrazik Hamada, Ph.D
American Senior Citizen
Retired Professor at Strayer University, USA
*redacted for privacy*
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One of the key ‘bottlenecks’ to the implementation of the much-needed infrastructure includes the formulation and adherence of the ‘right’ frameworks; frameworks allied to preparation, financing, execution and to an acceptable degree, the operationalization and maintenance of infrastructure assets. The key to realizing these frameworks is share experiences on such platforms, such as, this Roundtable on Infrastructure governance. During this roundtable in Cape Town, South Africa, experiences allied to the establishment of the ‘right’ set of feasible strategies allied to not only the technical and economic aspects but also social and welfare, inter alia, aligned to the development of infrastructure, shall be shared. For instance, the establishment of the long-term strategic development plans or visions allied to infrastructure development could include the setup of feasible criteria. In order to guide stakeholders among other parties, there ought to be in-place:
a. A clear set of regulatory frameworks for the formulation and the ‘actualisation’ of policies allied to the implementation of infrastructure projects, in addition to;
b. Having a clear and Integrated consultation process at the different levels i.e., National, Regional and beyond with the key purpose of driving the policy formulation and implementation allied to infrastructure development, as well as;
c. Enforcing/fostering an effective coordination at project generation and preparation of infrastructure projects, enhance clear mandates to agreements that are key to the preparation, financing, implementation, operationalization as well as maintenance of infrastructure along with good understanding of the technical, social, economic and political insights;
This roundtable on Infrastructure governance in Cape Town, South Africa scheduled for November 2nd to 3rd 2017 comes at a right time when the stakeholders, funders and the private sector are struggling with answering the key aspects allied to the implementation of Infrastructure. At this Roundtable on infrastructure governance in Cape Town, South Africa, key case studies shall be presented as measures to identifying what was successful in realising the much needed infrastructure at national, regional and beyond; this is key to the meeting the infrastructure needs. Looking forward to the outcomes of the deliberations on infrastructure governance.