Mobilizing Private Investment and the Compact with Africa: A Preliminary Assessment and Steps Ahead

Improving global governance
Aug 21, 2018 | T20 Argentina, Rob Floyd, Brahima Coulibaly, Jann Lay, Rainer Thiele, Jing Gu

The Compact with Africa (CwA), launched by the G20 in 2017, is a structured partnership between volunteering African countries the G20, and key multilateral and bilateral partners and the private sector. In this assessment for T20 Argentina, Rob Floyd, Brahima Coulibaly, Jann Lay, Rainer Thiele, and Jing Gu note lack of knowledge of the CwA among global firms, banks, and industry groups. Those with some exposure to the CwA report limited and uneven promotion of the Compact and indicate that the benefits to the private sector are unclear. Some companies surveyed indicate concern with overlaps between the CwA and other initiatives, including past G7 or G20 initiatives and bilateral programmes. The report calls for redefinition of the roles of governments, international organizations, and the private sector.
https://t20argentina.org/wp-content/uploads/2018/07/Cluster_3_Policy-brief-CWA-7-13-18-1.pdf

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