Towards Better Infrastructure, Conditions, Constraints, and Opportunities in Financing Public-Private Partnerships - Evidence from Cameroon, Côte d’Ivoire, Ghana, Kenya, Nigeria, and Senegal, by Riham Shendy Zachary Kaplan Peter Mousley, World Bank and Public-Private Infrastructure Advisory Facility (PPIAF), 2011.

The focus of this report is to scope out and describe preliminarily the factors affecting long-term financing for public-private partnerships (PPPs) in the sample countries. The report describes the current PPP initiatives in Cameroon, Côte d’Ivoire, Ghana, Kenya, Nigeria, and Senegal and highlights the general challenges regarding the enabling environment required for PPP programs.  The study is structured around the most inhibiting constraints to developing PPPs, as shared by all six countries. Section 1 provides a brief background of the infrastructure needs in the sample countries and outlines the current scope of PPP transactions; Section 2 examines the sources of financing for PPPs - domestic and foreign - with a particular focus on domestic sources; Section 3 explores the supporting legislative, regulatory, and institutional environment for PPPs; Section 4 addresses issues connected with the importance of developing a sound pipeline of PPP projects; and Section 5 tackles the importance of managing the increased government fiscal commitments that are commonly coupled with PPPs. Section 6 outlines medium-term options for PPP financing. Finally, Section 7 puts forth policy recommendations intended to assist in overcoming the challenges in building private sector confidence in the Sub-Saharan Africa infrastructure market and attracting greater levels of financing for private sector investment in core infrastructure services through PPPs.  

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