North Africa to boost public-private partnerships to support economic development
For public-private partnerships (PPPs) to be effective, there must be strong political will, a transparent, accountable, and fairly competitive environment, but also sound regulatory frameworks, clear procurement procedures, and effective contract management, Mohamed El Azizi, African Development Bank Managing Director for North Africa, told participants of a seminar titled Public-Private Partnerships in North Africa for sustainable and inclusive growth that was held on 15-16 June in Tunis.