160 likes | 251 Views
This conference presentation by P. Duncan Mbonyana covers current roles, investment requirements, participation, mindset change, and integration in African infrastructure development. Key topics include governance, risk management, and the shift to private sector-driven investments for sustainability.
E N D
AFRICAAn Investment DestinationConference NEEDS FOR INFRASTRUCTURE DEVELOPMENT EXPENDITURE Presented by: P Duncan Mbonyana
Contents • Current Arrangements and Roles • Integrated Framework • Study • Public Financing Declined • Aid for Infrastructure Declined • Investment Requirements are High • Africa was a late Starter • Local Participation in Infrastructure • Local Participation by Sector • Cross-Border Participation • Mindset Change – Donor vs Private Participation • Project Integration • Process Integration • Conclusion
Integrated Framework Considerations for each level • Governance and Overall Framework • Strategic Issues • Governance • Process • Technology • Reporting NEPAD Business Foundation Secretariat and Executive Programme Management • Execution Management • Overall inter-sectoral co-ordination and integration • Risk and Issue Nerve Centre Project Management • Individual project management Effective management of risks and issues at the project and programme level Risk Management Risk Identifi- cation Risk Analysis Risk Response Risk Response Control Feedback Source: NBF
Study Feasibility study by PM Global Infrastructure Inc for African Business Roundtable lead by Per Ljung
Public Financing Declined Source: World Bank
Aid for Infrastructure Declined Source: World Bank
Investment Requirements Are High Source: Per Ljung
Africa was a late Starter (Share of Investments in New Private Projects) Source: Per Ljung
Local Participation in Infra-structure Source: Per Ljung
Local Participation by Sector Source: Per Ljung
Cross- Border Participation (In Sub-Saharan Africa excluding South Africa) Source: Per Ljung
Mindset Change • From donation driven to private sector driven investment. • Philosophy for delivery of smooth value chain. • Sustainability than once-off flagships.
Project Integration • Seamless project value chain development. • Pre-feasibility, feasibility, detail design, construction up to operation and maintenance planning. • Avoid disjointed sectional expenditure of same project.
Process Integration • Multi-dimensional needs satisfaction. • Economic, social and environmental (e.g. 3 Gauges). • Joint planning process across sectors in infrastructure.
Conclusion • Local participation by Regional and National firms critical. • Leadership by local private investment funds. • Increase expenditure on infrastructure critical – • Ops and maintenance. • New build projects. • Investment in infrastructure is a business with excellent social impact.