The Roundtable in Cape Town follows directly from the 2015 Addis Ababa Action Agenda on financing for development. It also comes in response to the recommendations of the Global Infrastructure Forum that took place in Washington, D.C in April 2017, which called on the Multilateral Development Banks and partners to focus on: strengthening investment capacity, policy and governance frameworks of governments; enhancing of private sector participation and financing; boosting the catalytic role of Multilateral Development Banks in bridging the public and private sectors. The new World Bank initiative to crowd in commercial financing, Maximising Financing for Development, is a clear manifestation of this, and for this to succeed, governance reforms must happen.
The event will add value by:
- Bringing together high level decision-makers from African political life, business and civil society that can set the direction for how Africa can boost its infrastructure pipeline through better governance.
- Ensuring that senior African officials, reputable business partners and sector experts meet and share knowledge about concrete cases and what works.
- Making ready-to-use tools available - unfolding the standards an tools that have bee developed; develop specific demand driven knowledge products that build on what is needed going forward.
This Roundtable is the first of two in Sub-Saharan Africa. It will promote the creation of communities of practice between government officials and use technology to ensure that the knowledge gained and the momentum created will be sustained.
The second session from the Roundtable is available on our Facebook page
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