Capital Accentuates Public-Private Partnerships

Nov 20 , 2023

African economic conference aimed at private sector attraction to Public Private Partnerships (PPP) was held at the UN Economic Commission for Africa (ECA). The pitfalls and prospects of partnership were discussed among participants. Getahun Moges, an energy sector expert said that engagement between governments and the private sector in Ethiopia was indicated to be moving at a slow pace resulting in unnecessary delays. Robert Lisinge, acting director of the private sector division at ECA discussed the importance of partnerships to fill the financial gap. African Development Bank (AfDB) estimates that up to 170 billion dollars is needed for infrastructure development every year, leaving a substantial gap of up to 108 billion dollars. Lisinge disclosed the ECA has been working with African countries and helping mobilise resources.



A street lamp around Addis Abeba Stadium melds into the concrete backdrop emblematic of the capital's ageing infrastructure. Over the past few years, Ethiopia's electric grid has been subject to destruction and theft, subjecting the public treasury to hundreds of millions in losses. Nearly half of the country's population does not have access to electricity. A series of projects by the World Bank has contributed to the slight but essential upgrade to the nation's grid, including a 500 million do...



A trio of donkeys drag along the main road in front of Menlik School around the Arat Kilo area. While the four-legged domestic animal is a venerated member of the Ethiopian labour force, its skin and meat are increasingly valued in the international markets. Rhong Chang, a donkey slaughterhouse operating in Assela Town, Oromia Regional State reopened its services after a seven-year break two years ago. Public outroar has often accompanied the entrance of donkey abattoirs into Ethiopia since anot...



A bustling market emerges under a bridge in the boroughs of the Bole Michael area. Addis Abeba City Administration has launched a series of aesthetic initiatives embalmed in themes of beautification and urbanisation that have removed thousands of shops built with makeshift tents. Above a quarter of Addis Abeba's labour force is engaged in the informal economy, which while often associated with connotations of illegality, remains a sizeable employer in emerging economies across the world. Calibra...