Local financial reporters are set to know in detail the meaning of Public Private Partnership (PPP), a model that has been praised and criticised for its importance and its follies in least developed countries like Lesotho.
business
Feb. 16, 2020
STAFF REPORTER
2 min read
Do journalists understand PPP model?
Lehlohonolo Chefa
The PPP model is a collaboration between a government agency and a private sector company that can be used to finance, build, and operate a project, such as a hospital in the case of Lesotho (Queen ‘Mammohato Memmorial Hospital).
At least two representatives are expected to attend from each media house.
This model was adopted by many governments because through it such a project can be completed sooner, managed better or make it possible where government alone would have otherwise failed.
The Policy Analysis and Research Institute of Lesotho (PARIL) in partnership with the African Forum and Network on Debt and Development (AFRODAD) has organised a two day media training starting on February 20 at Avani, Lesotho.
“We believe that the media plays a critical role in awareness raising and the creation and shaping of the public opinion on development initiatives in the country and region resulting in enhanced contribution from the various concerned stakeholders,” says Lehlohonolo Chefa, PARL executive director.
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Mr Chefa says the objective of the media training is to hone media professionals knowledge and understanding of the PPP model as financing for development and infrastructure financing model whose trend in adoption is rising in the country.
He said: “The training will help build and exchange innovative and effective techniques for monitoring and reporting PPP issues in Lesotho and reaching grassroots communities as well as to create a network of journalists who can adequately report on PPPs as a development financing mechanism, AFRODAD's and its partners work in Lesotho”.
As a Pan African Organization, AFRODAD supports and promotes initiatives of the African Union (AU), in particular Agenda 2063, the programme for Infrastructure Development in Africa (PIDA) and the resource mobilsation strategy for financing Agenda 2063.
Its work is guided by the vision of the “Africa We Want', an integrated, prosperous and peaceful Africa, driven by its own citizens, representing a dynamic force in the international arena.
According to Mr Chefa the training is informed by Agenda 2063 and the potential role of PPPs in mobilisation of infrastructure finance development in Africa.
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