A better investment framework for Africa - Revision history

Designing Buildings at 07:03, 14 January 2021

2021-01-14T07:03:27Z

← Older revision		Revision as of 07:03, 14 January 2021
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	* These giant infrastructure projects are set to reshape Africa.		* These giant infrastructure projects are set to reshape Africa.

−	[[Category:~~International~~]] [[Category:~~Research_/_Innovation~~]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:~~Policy~~]] [[Category:~~DCN_Policy~~]] [[Category:Sustainability]]	+	[[Category:DCN_Commentary]] [[Category:DCN_Policy]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:International]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Sustainability]]

Designing Buildings at 13:26, 20 March 2019

2019-03-20T13:26:46Z

← Older revision		Revision as of 13:26, 20 March 2019
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	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.		Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

−	At the core of this effort to intensify cooperation with Africa lies the ~~[http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html~~ G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.	+	At the core of this effort to intensify cooperation with Africa lies the G20 Compact with Africa (CWA). The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.

	The CWA’s structure is straightforward:		The CWA’s structure is straightforward:
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	* These giant infrastructure projects are set to reshape Africa.		* These giant infrastructure projects are set to reshape Africa.

−	[[Category:International]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Sustainability]]	+	[[Category:International]] [[Category:Research_/_Innovation]] [[Category:DCN_Research,_Development_and_Innovation]] [[Category:Policy]] [[Category:DCN_Policy]] [[Category:Sustainability]]

Editor: Undo revision 99334 by 195.194.244.212 (talk)

2018-02-22T10:18:18Z

Undo revision 99334 by 195.194.244.212 (talk)

← Older revision		Revision as of 10:18, 22 February 2018
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	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.		Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

−	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private ~~iall nonsense nvestment~~, including in infrastructure.	+	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.

	The CWA’s structure is straightforward:		The CWA’s structure is straightforward:

Editor: Reverted edits by 195.194.244.151 (talk) to last revision by 195.194.244.212

2018-02-22T10:16:47Z

Reverted edits by 195.194.244.151 (talk) to last revision by 195.194.244.212

← Older revision		Revision as of 10:16, 22 February 2018
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	[[File:Africa-Framework.jpg\|link=File:Africa-Framework.jpg]]		[[File:Africa-Framework.jpg\|link=File:Africa-Framework.jpg]]

−	~~Isaac is gay~~ Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.	+	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private iall nonsense nvestment, including in infrastructure.		At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private iall nonsense nvestment, including in infrastructure.

195.194.244.151 at 09:35, 22 February 2018

2018-02-22T09:35:25Z

← Older revision		Revision as of 09:35, 22 February 2018
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	[[File:Africa-Framework.jpg\|link=File:Africa-Framework.jpg]]		[[File:Africa-Framework.jpg\|link=File:Africa-Framework.jpg]]

−	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.	+	Isaac is gay Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private iall nonsense nvestment, including in infrastructure.		At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private iall nonsense nvestment, including in infrastructure.

195.194.244.212 at 09:33, 22 February 2018

2018-02-22T09:33:11Z

← Older revision		Revision as of 09:33, 22 February 2018
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	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.		Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

−	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private ~~investment~~, including in infrastructure.	+	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private iall nonsense nvestment, including in infrastructure.

	The CWA’s structure is straightforward:		The CWA’s structure is straightforward:

Editor at 13:58, 26 July 2017

2017-07-26T13:58:06Z

← Older revision		Revision as of 13:58, 26 July 2017
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−	[[File:Africa-Framework.jpg]]	+	[[File:Africa-Framework.jpg\|link=File:Africa-Framework.jpg]]

−	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to ~~realize~~ this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.	+	Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realise this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

	At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.		At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.

−	The CWA’s structure is straightforward: African countries, together with their bilateral partners and international financial ~~organizations~~ with proven expertise on Africa (such as the African Development Bank, the World Bank Group, and the International Monetary Fund), will jointly develop, coordinate, and implement tailor-made measures. The main aim is to lower the level of risk for private investments, by improving economic and financial conditions and strengthening institutions. Over time, the resulting increase in investment will boost growth and productivity, create jobs, and raise living standards, as envisioned in the African Union’s own [http://www.au.int/web/agenda2063 Agenda 2063] program.	+	The CWA’s structure is straightforward:
		+
		+	African countries, together with their bilateral partners and international financial organisations with proven expertise on Africa (such as the African Development Bank, the World Bank Group, and the International Monetary Fund), will jointly develop, coordinate, and implement tailor-made measures.
		+
		+	The main aim is to lower the level of risk for private investments, by improving economic and financial conditions and strengthening institutions. Over time, the resulting increase in investment will boost growth and productivity, create jobs, and raise living standards, as envisioned in the African Union’s own [http://www.au.int/web/agenda2063 Agenda 2063] program.

	The CWA stands for a new approach in international development policy. Of course, we are not reinventing the wheel. But the mode of cooperation and coordination among the many bilateral and multilateral players, as well as the commitment of the African countries, is something new.		The CWA stands for a new approach in international development policy. Of course, we are not reinventing the wheel. But the mode of cooperation and coordination among the many bilateral and multilateral players, as well as the commitment of the African countries, is something new.

−	We view the CWA as a long-term, demand-driven process. It is open to all African countries that are interested in improving their investment environment on a sustainable basis. But, most important, the decision-makers are the African countries themselves. They will determine what they want to do to improve conditions for private investment, with whom they want to cooperate, and in what form. Only if the African countries ~~“own”~~ the initiative will it be a success.	+	We view the CWA as a long-term, demand-driven process. It is open to all African countries that are interested in improving their investment environment on a sustainable basis. But, most important, the decision-makers are the African countries themselves. They will determine what they want to do to improve conditions for private investment, with whom they want to cooperate, and in what form. Only if the African countries 'own' the initiative will it be a success.

−	So far, five African countries – Côte d’Ivoire, Morocco, Rwanda, Senegal, and Tunisia – have committed to full participation in the CWA. Ghana and Ethiopia ~~will join this month~~.	+	So far, five African countries – Côte d’Ivoire, Morocco, Rwanda, Senegal, and Tunisia – have committed to full participation in the CWA. Ghana and Ethiopia joined in June 2017.

−	CWA countries, the international financial ~~organizations~~, and bilateral partners are working closely together on the details of the country-specific compacts. At the G20 meeting in Baden-Baden in March, some members – and also non-G20 countries – indicated that they would like to become bilateral partners. The German government will also contribute via the bilateral framework – called a “[http://www.bmz.de/en/publications/type_of_publication/information_flyer/information_brochures/Materialie270_africa_marshallplan.pdf Marshall Plan with Africa]” – developed by our Federal Ministry for Economic Development and Cooperation.	+	CWA countries, the international financial organisations, and bilateral partners are working closely together on the details of the country-specific compacts. At the G20 meeting in Baden-Baden in March, some members – and also non-G20 countries – indicated that they would like to become bilateral partners. The German government will also contribute via the bilateral framework – called a '[http://www.bmz.de/en/publications/type_of_publication/information_flyer/information_brochures/Materialie270_africa_marshallplan.pdf Marshall Plan with Africa]' – developed by our Federal Ministry for Economic Development and Cooperation.

−	Our main job, however, is to bring private investors and African countries together. ~~With~~ the ~~upcoming~~ G20 Africa Partnership Conference in Berlin on June 12-13, we ~~will provide~~ a platform for these African countries to reach out to investors in order to enhance the continent’s engagement with the private sector. CWA countries ~~will present~~ the key elements of their investment compacts in a roundtable with investors. They ~~will~~ also ~~outline~~ the key industries and infrastructure projects for which they are seeking private funds.	+	Our main job, however, is to bring private investors and African countries together. At the G20 Africa Partnership Conference in Berlin on June 12-13 2017, we provided a platform for these African countries to reach out to investors in order to enhance the continent’s engagement with the private sector. CWA countries presented the key elements of their investment compacts in a roundtable with investors. They also outlined the key industries and infrastructure projects for which they are seeking private funds.

−	After the Berlin meeting, the implementation phase of the CWA initiative ~~will start~~. The country teams will further specify their compact measures and consider the milestones for their implementation. At this point, dialogue with investors will be particularly significant, because such conversations will help African countries to establish which measures and instruments are crucial for engagement with the private sector.	+	After the Berlin meeting, the implementation phase of the CWA initiative starts. The country teams will further specify their compact measures and consider the milestones for their implementation. At this point, dialogue with investors will be particularly significant, because such conversations will help African countries to establish which measures and instruments are crucial for engagement with the private sector.

	To be successful, this initiative cannot focus on short-term results. It needs to continue beyond Germany’s G20 presidency in 2017/2018 and to be supported by the G20 over the longer term. Germany, of course, will continue to take responsibility for the CWA’s implementation. The G20 will be informed on a regular basis about how the investment compacts develop.		To be successful, this initiative cannot focus on short-term results. It needs to continue beyond Germany’s G20 presidency in 2017/2018 and to be supported by the G20 over the longer term. Germany, of course, will continue to take responsibility for the CWA’s implementation. The G20 will be informed on a regular basis about how the investment compacts develop.

−	Most important, by sending a signal to other African countries, progress in the participating countries will determine whether the CWA becomes a success for all of Africa. If all parties involved – African countries, international ~~organizations~~, bilateral partners, and, not least, investors – collaborate closely, the CWA has the capacity to promote sustainable, robust, and inclusive economic growth throughout the continent.	+	Most important, by sending a signal to other African countries, progress in the participating countries will determine whether the CWA becomes a success for all of Africa. If all parties involved – African countries, international organisations, bilateral partners, and, not least, investors – collaborate closely, the CWA has the capacity to promote sustainable, robust, and inclusive economic growth throughout the continent.

−		+	-----
−		+	This article was written by Wolfgang Schäuble, German Federal Minister of Finance.
−	* Written by~~<br />~~	+
−	Wolfgang Schäuble, German Federal Minister of Finance	+

	This article is published in collaboration with [https://www.project-syndicate.org/commentary/german-g20-investment-framework-for-africa-by-wolfgang-schauble-2017-06 Project Syndicate].		This article is published in collaboration with [https://www.project-syndicate.org/commentary/german-g20-investment-framework-for-africa-by-wolfgang-schauble-2017-06 Project Syndicate].
Line 34:		Line 36:
	Please find the original article [https://www.weforum.org/agenda/2017/06/a-better-investment-framework-for-africa here]		Please find the original article [https://www.weforum.org/agenda/2017/06/a-better-investment-framework-for-africa here]

−	--[[User:~~Future of Construction~~\|Future of Construction]] 14:16, 04 Jul 2017 (BST)	+	--[[User:Future_of_Construction\|Future of Construction]] 14:16, 04 Jul 2017 (BST)
		+
		+	= Find out more =
		+
		+	=== Related articles on Designing Buildings Wiki ===
		+
		+	* 3 ways the world’s fastest growing economies can close the infrastructure gap.
		+	* Global Construction 2025.
		+	* How business can bridge the infrastructure gap.
		+	* How to tell which infrastructure projects will work.
		+	* India needs to build more infrastructure fast. Here’s how.
		+	* Scoping project approach in the developing world.
		+	* These giant infrastructure projects are set to reshape Africa.

−	[[Category:International~~]] [[Category:Organisations]] [[Category:Projects_and_case_studies]] [[Category:Publications_/_reports~~]] [[Category:Research_/_Innovation~~]] [[Category:Health_and_safety_/_CDM]] [[Category:Planning_permission~~]] [[Category:Policy~~]] [[Category:Regulations~~]] [[Category:Sustainability~~]] [[Category:Construction_management]] [[Category:Construction_techniques]] [[Category:Cost_/_business_planning]] [[Category:Design]] [[Category:Public_procedures]] [[Category:Roles_/_services~~]]	+	[[Category:International]] [[Category:Research_/_Innovation]] [[Category:Policy]] [[Category:Sustainability]]

Future of Construction: Created page with "File:Africa-Framework.jpg Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and e..."

2017-07-04T13:16:10Z

Created page with "File:Africa-Framework.jpg Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and e..."

New page

[[File:Africa-Framework.jpg]]

Africa’s enormous economic potential is not news. But, until now, policymakers around the world have not successfully defined the political and economic steps that must be taken to enable Africa to realize this potential fully. That is why the German G20 presidency has launched its G20 Africa Partnership initiative.

At the core of this effort to intensify cooperation with Africa lies the [http://www.bundesfinanzministerium.de/Content/EN/Standardartikel/Topics/Featured/G20/2017-03-30-g20-compact-with-africa.html G20 Compact with Africa] (CWA). The CWA offers interested African countries the opportunity to improve conditions for private investment, including in infrastructure.

The CWA’s structure is straightforward: African countries, together with their bilateral partners and international financial organizations with proven expertise on Africa (such as the African Development Bank, the World Bank Group, and the International Monetary Fund), will jointly develop, coordinate, and implement tailor-made measures. The main aim is to lower the level of risk for private investments, by improving economic and financial conditions and strengthening institutions. Over time, the resulting increase in investment will boost growth and productivity, create jobs, and raise living standards, as envisioned in the African Union’s own [http://www.au.int/web/agenda2063 Agenda 2063] program.

The CWA stands for a new approach in international development policy. Of course, we are not reinventing the wheel. But the mode of cooperation and coordination among the many bilateral and multilateral players, as well as the commitment of the African countries, is something new.

We view the CWA as a long-term, demand-driven process. It is open to all African countries that are interested in improving their investment environment on a sustainable basis. But, most important, the decision-makers are the African countries themselves. They will determine what they want to do to improve conditions for private investment, with whom they want to cooperate, and in what form. Only if the African countries “own” the initiative will it be a success.

So far, five African countries – Côte d’Ivoire, Morocco, Rwanda, Senegal, and Tunisia – have committed to full participation in the CWA. Ghana and Ethiopia will join this month.

CWA countries, the international financial organizations, and bilateral partners are working closely together on the details of the country-specific compacts. At the G20 meeting in Baden-Baden in March, some members – and also non-G20 countries – indicated that they would like to become bilateral partners. The German government will also contribute via the bilateral framework – called a “[http://www.bmz.de/en/publications/type_of_publication/information_flyer/information_brochures/Materialie270_africa_marshallplan.pdf Marshall Plan with Africa]” – developed by our Federal Ministry for Economic Development and Cooperation.

Our main job, however, is to bring private investors and African countries together. With the upcoming G20 Africa Partnership Conference in Berlin on June 12-13, we will provide a platform for these African countries to reach out to investors in order to enhance the continent’s engagement with the private sector. CWA countries will present the key elements of their investment compacts in a roundtable with investors. They will also outline the key industries and infrastructure projects for which they are seeking private funds.

After the Berlin meeting, the implementation phase of the CWA initiative will start. The country teams will further specify their compact measures and consider the milestones for their implementation. At this point, dialogue with investors will be particularly significant, because such conversations will help African countries to establish which measures and instruments are crucial for engagement with the private sector.

To be successful, this initiative cannot focus on short-term results. It needs to continue beyond Germany’s G20 presidency in 2017/2018 and to be supported by the G20 over the longer term. Germany, of course, will continue to take responsibility for the CWA’s implementation. The G20 will be informed on a regular basis about how the investment compacts develop.

Most important, by sending a signal to other African countries, progress in the participating countries will determine whether the CWA becomes a success for all of Africa. If all parties involved – African countries, international organizations, bilateral partners, and, not least, investors – collaborate closely, the CWA has the capacity to promote sustainable, robust, and inclusive economic growth throughout the continent.

* Written by<br />
Wolfgang Schäuble, German Federal Minister of Finance

This article is published in collaboration with [https://www.project-syndicate.org/commentary/german-g20-investment-framework-for-africa-by-wolfgang-schauble-2017-06 Project Syndicate].

The views expressed in this article are those of the author alone and not the World Economic Forum.

Please find the original article [https://www.weforum.org/agenda/2017/06/a-better-investment-framework-for-africa here]

--[[User:Future of Construction|Future of Construction]] 14:16, 04 Jul 2017 (BST)

[[Category:International]] [[Category:Organisations]] [[Category:Projects_and_case_studies]] [[Category:Publications_/_reports]] [[Category:Research_/_Innovation]] [[Category:Health_and_safety_/_CDM]] [[Category:Planning_permission]] [[Category:Policy]] [[Category:Regulations]] [[Category:Sustainability]] [[Category:Construction_management]] [[Category:Construction_techniques]] [[Category:Cost_/_business_planning]] [[Category:Design]] [[Category:Public_procedures]] [[Category:Roles_/_services]]