Economic Community of West African States (ECOWAS) Public–Private Partnership (PPP) Strategy to Development

Many countries around the world have leveraged the potential of partnerships to counter collective challenges and foster development. ECOWAS has looked to partnerships to tackle shared challenges to infrastructural development in its member countries. This study sought to understand ‘how partnerships could foster sustainable development in ECOWAS member nations.’ Using a qualitative method, both primary and secondary data were sourced to mainstream the ECOWAS multilateral Public–Private Partnership (PPP) strategy to foster sustainable development in implementing its 2045 Infrastructure Master Plan. This study finds that such development plans that were hitherto a challenge to implement by ECOWAS member states have received a boost through the World Bank Public Private Infrastructure Advisory Facility (PPIAF). This partnership provided effective diagnostics to improve efficiency, build capacity, identify PPP possibilities, and revamp policy and legal frameworks for PPPs, resulting in better access to more financing, proper implementation, monitoring, and sustainability of infrastructural projects. The ECOWAS PPP framework has been able to allow its member states to leverage the advantages that the private sector has to foster sustainable development. This has poised ECOWAS to be on track to implementing its infrastructure master plan.

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Publication Details

Journal
Social Sciences
Published
2024-10-04
DOI
https://doi.org/10.3390/socsci13100531
Citations
1
Primary Topic
Public-Private Partnership Projects
Type
article
Field-Weighted Citation Impact
0.55
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article

Economic Community of West African States (ECOWAS) Public–Private Partnership (PPP) Strategy to Development

Enver Gülseven, Walnshak Alheri Danfulani
1 citations
Social Sciences
Public-Private Partnership Projects
0.55
article

Economic Community of West African States (ECOWAS) Public–Private Partnership (PPP) Strategy to Development

Enver Gülseven, Walnshak Alheri Danfulani
article en
1 citations

Abstract

Many countries around the world have leveraged the potential of partnerships to counter collective challenges and foster development. ECOWAS has looked to partnerships to tackle shared challenges to infrastructural development in its member countries. This study sought to understand ‘how partnerships could foster sustainable development in ECOWAS member nations.’ Using a qualitative method, both primary and secondary data were sourced to mainstream the ECOWAS multilateral Public–Private Partnership (PPP) strategy to foster sustainable development in implementing its 2045 Infrastructure Master Plan. This study finds that such development plans that were hitherto a challenge to implement by ECOWAS member states have received a boost through the World Bank Public Private Infrastructure Advisory Facility (PPIAF). This partnership provided effective diagnostics to improve efficiency, build capacity, identify PPP possibilities, and revamp policy and legal frameworks for PPPs, resulting in better access to more financing, proper implementation, monitoring, and sustainability of infrastructural projects. The ECOWAS PPP framework has been able to allow its member states to leverage the advantages that the private sector has to foster sustainable development. This has poised ECOWAS to be on track to implementing its infrastructure master plan.

Social SciencesVol. 13(10)
Girne American University (CY)
Openalex Percentile: Top 21%
Public-Private Partnership Projects
0.55
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Economic Community of West African States (ECOWAS) Public–Private Partnership (PPP) Strategy to Development — Enver Gülseven, Walnshak Alheri Danfulani · Social Sciences (2024) | TGRS Research Map | TGRS