The African Development Bank Group (AfDB) has approved a $5.3 million grant to strengthen the public–private partnership (PPP) environment and promote private investment in The Gambia, Guinea-Bissau, Madagascar and Togo.
The initiative was approved in Abidjan on 27 June 2025 and will be financed through the Bank’s Transition Support Facility, which provides concessional resources to countries in fragile and conflict situations.
Also read: AfDB 2024 Annual Report: Expansion, Innovation, and Structural Pressures
The project aims to create a more coherent and attractive framework for private sector participation, enabling governments to leverage PPPs as a driver of economic growth and infrastructure development. It is built on three key components:
Strengthening the PPP environment – Establishing institutional structures, refining legal frameworks, and enhancing the capacity of contracting authorities to structure and negotiate balanced contracts.
Enhancing private sector participation – Providing practical case studies and training to help local businesses and stakeholders navigate the PPP project cycle using new tools and guidelines.
Effective project management – Creating a dedicated project management unit to ensure strategic oversight, operational efficiency, and the visibility of results.
According to Solomon Quaynor, AfDB Vice President for the Private Sector, Infrastructure and Industrialisation, the initiative aligns with the Bank’s strategic PPP framework and builds on previous operations to strengthen the business environment in the target countries.
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By improving regulatory clarity, building institutional capacity, and fostering greater investor confidence, the project is expected to unlock new capital flows, boost infrastructure development, and generate sustainable economic opportunities in the four nations.
