Stanbic Bank Botswana hosted a Public Private Partnership (PPP) conference at the Gaborone International Convention Centre (GICC) to unpack and explore PPP models and possible applications to the Botswana economy.
The engagement drew on insights from completed PPP projects across the African region as a means towards a further growth of the economy.
The conference converged key players across different sectors to explore PPP opportunities in the recently commenced Botswana National Development Plan 11 (NDP11).
PPP Coordinator from the Ministry of Finance and Economic Development, Orono Otweyo noted that the onus is on the private sector to work together with government to deliver on the vision of the country and its economy, with a strong bearing on the success of the partnerships.
This echoed the Minister of Finance’s call for public and private sectors to come together for great impact.
Executive Vice President, Energy and Infrastructure, Corporate & Investment Banking- Standard Bank South Africa Aadil Cajee, presented on the PPP Funding Structures and Case Studies in Africa.
The presentations were followed by a thought-provoking panel discussion led by Specially Elected Member of Parliament, Bogolo Kenewendo who is also a seasoned economist and policy analyst.
Stanbic Bank Botswana Head, Corporate and Investment Banking, Sheperd Aisam said, “It is important that we increase the level of participation in the engagements we have and conversations we drive, as these are a means towards ensuring real change, real progress, and real delivery, for the country at large. The challenges we face are not Government problems or private sector’s problems, therefore; we are in this together.”
“In our now 25 years since opening our doors, we have worked as a business to constantly strengthen our ability and build greater capacity to make a more meaningful contribution to the progressive development of our economy. This conference marks another step in that direction and one that we are hopeful and confident will spell greater progress for Botswana as we continue to move her forward.”
The attendees included ministries, captains of industries from Oil and Gas, Power and Infrastructure, Mining and Metals, as well as well as Development and Financial Institutions.