SADC Industrialisation Week (day 1) - Acceleration of NEPAD PIDA and SADC RIDMP Infrastructure Projects
Infrastructure development is the linchpin to boosting the levels of intra-African trade in sub-Sahara Africa from the current 15% of total trade in the region. The achievement of this goal is in line with the focus of the NEPAD Programme for Infrastructure Development in Africa Capacity Building Project (PIDA-CAP) funded by the African Development Bank (AfDB). This is why the SADC Secretariat with the support of the NEPAD Agency is working closely with key partners to enhance the capacity of the SADC Secretariat in order to fast-track the implementation of the PIDA priority infrastructure projects in the SADC Region, which are also part of the SADC Regional Infrastructure Development Master Plan (RIDMP).
As part of the SADC Industrialisation Week, the SADC Secretariat, NEPAD Agency and the NBF hosted a consultative event on regional infrastructure projects on Tuesday, 23 August 2016 in Swaziland. The event was themed ‘Private sector Consultation/Pre-Market – Sounding Workshop’, and was developed as a follow-up to the ‘SADC-PIDA Acceleration Programme: Ministers’ Meeting for Beira and North-South Development Corridors’ which was hosted earlier this year in Victoria Falls, in Zimbabwe.
The focus of the session was to build on the lessons learnt from the Central Corridor acceleration experience and to scope and identify project opportunities for private sector participation. During the meeting, the SADC Secretariat and the NEPAD Agency provided background to the process executed by the Victoria Falls task force, and Ministerial meetings to arrive at a preliminary shortlist of 38 projects and went on to clarify the process followed by IOS consultants to filter the preliminary shortlist and arrive at the 10 proposed phase 1 projects that have high implementation readiness.
As a response to the business community interests to have more input in the Southern African regional trade and industrial policy formulation, the Southern African Business Forum (SABF) was established as a coordinating platform to encourage and facilitate public-private development activities within the SADC region against the backdrop of regional industrialisation. Launched in August 2015 on the margins of the SADC Heads of State Summit in Botswana, the SABF has since established a secretariat that resides at the NEPAD Business Foundation.
On Wednesday,24 August 2016, during the inaugural SADC Industrialisation Week, held in Swaziland, over 200 private sector representatives from across the region gathered for the Second Annual Southern Africa Business Forum (SABF) Conference. The SABF Conference was the highlight of the SADC Industrialisation Week and took place on the margins of SADC’s 36 thw Ordinary Summit of Heads of State (31 st August and 1 st September 2016) where King Mswati III is taking on the responsibility as Chairperson of SADC.
The four key points highlighted in the Declaration include:
1. Hard and soft infrastructure shortcomings must always be addressed together. Hard infrastructure is only as useful as the regulatory environment that surrounds it, and either permits or hampers its utilisation.
2. Policy certainty, including stability, predictability, consistency and transparency is a prerequisite to attract investment for regional industrialisation, regardless of sector or scale. Large companies and SMEs from all sectors demand policy certainty regarding the use of tariffs, fees and levies at borders; mining houses and agro-processors called for stable and predictable export regimes; and infrastructure developers and agro-enterprises raised the need for consistent and transparent land use rights.
3. Prioritisation and sequencing is the key to successful implementation. Prioritisation should take into account geographical links, opportunities for incremental implementation to allow for short-term gains and industry-specific requirements to support priority value chains.
4. Enabling trade through the removal of non-tariff barriers, coordinated border management and a solid and efficient regional transit system is a prerequisite for industrialisation in all sectors.
STRATEGIC WATER PARTNERS NETWORK (SWPN): PROGRAMME MANAGER
Deadline: 16 September 2016
Location: Johannesburg, South Africa (only those with South African work permits need apply)
Duration: 1 year, renewable
The Strategic Water Partners Network (SWPN) is a dynamic and cutting-edge partnership between the public sector (primarily the Department of Water and Sanitation – DWS), the private sector and civil society working collectively to close a 17% gap between water supply and demand that is anticipated to manifest by the year 2030 in South Africa. The partnership was established in 2011 and strives to contribute to efficient, equitable and sustainable water supply and access to water for all South Africans through the identification and application of innovative and cost effective solutions and programmes. These projects and programmes are developed and administered under 6 work streams or working groups namely Agriculture and Supply Chain Water (ASC), Effluent and Waste Water Management (EWWM), Water Use Efficiency and Leakage Reduction (WELR), Skills Development and Transformation (SDT), Sanitation (SANI) and Water Stewardship (WS) which are in line with the key strategic national imperatives. The NEPAD Business Foundation hosts the SWPN secretariat.
Function and Purpose
The SWPN Programme Manager should exhibit knowledge of and experience on water and sanitation development projects and initiatives in South Africa. The Programme Manager will coordinate all activities and initiatives of the SWPN and its associated working groups, assist in identifying and preparing projects, drive and manage relationships with various stakeholders at senior levels, provide project support and oversight and deliver on performance objectives and build linkages with stakeholders.
The Programme Manager would report administratively to the CEO of the NBF and would report functionally to the Management Committee of the SWPN and in turn, to the Steering Committee of the SWPN.
Principal Duties and Responsibilities
• Maintain or improve support for the programme by managing relationships with project partners and financiers, ensuring that reporting and communication is effective and goes beyond contractual requirements
• Timely and resource efficient project and programme development ensuring that working groups implement projects to close the water gap in South Africa
• Prepare, ensure implementation and review global partnership work plans for thematic working groups in line with financier requirements.
• Manage and provide guidance to the SWPN Programme Assistant, Project Managers and Secretariat staff
• Project management including scoping, procurement, management of project finances, consultants and other resources
• Budgeting, budgetary control and financial reporting according to contractual agreements and other rules and regulations applicable to project and donor funds
• Technical and financial reporting on projects and the full programme
• Seizing opportunities for securing financing from existing and new funding partners and effective follow-up that includes proposal development of financing requests as may be required
• Create and seize opportunities to communicate and showcase the work of the SWPN through an approved communication plan
• Represent the SWPN at events as may be assigned by the Management Committee, Steering Committee or thematic working groups
• Within the NBF and SWPN structures, ensure that due governance, procurement and project management processes are followed, programme and project decision-making principles or criteria are clear and consultation is effective
Essential skills and capabilities
• At least a Bachelor’s degree in a relevant field with Masters preferred: A specialisation in water or public-private partnerships will be an added advantage
• At least seven years working experience relevant to the post. Specific experience and networks in any of the SWPN fields will be an added advantage
• A water management professional with expert knowledge of at least one of the focus areas of the SWPN; or a water management professional with cross-disciplinary experience
• Excellent communication skills – both written and oral presentation
• Stakeholder engagement and process management expertise including the ability to manage multi-stakeholder groups
• Project management expertise
• Proven record on programme delivery and relationship management
• Proven ability to develop, document, maintain and write project proposals and reports and manage project timeframes/budgets
• Ability to show initiative, self-manage and meet deadlines
• Ability to work within a team context
• Experience in dealing with governments, private sector, civil society and development agencies
Behavioural Qualities and Other Requirements
• Operate with integrity and ethics
• Performance, delivery and deadline orientated
• Team orientation – working in an integrated and diverse team environment
• Resilience – ability to produce results under pressure and working with uncertainty
• Flexible and adaptable – changing opinions / behaviour in the light of changing situations
• Methodical and systematic, with a strong attention to detail and accuracy
• Action-oriented, confident and show initiative
• Motivated and ability to work without clear guidelines
The NEPAD Business Foundation (NBF) is a non-profit company promoting sustainable economic development in Africa through the private sector. The NBF is a “Chamber of Business for Development”, connecting the public and private sectors and development agencies, and implementing innovative and sustainable projects in partnership with each other. In supporting African economic development and growth, NBF’s key focus areas mirror the NEPAD Planning and Coordination Agency’s (NEPAD Agency) development themes of agriculture and food security; climate change and natural resources management; economic and corporate governance; human development and capacity building; and regional integration and infrastructure.
The NEPAD Business Foundation will be hosting its seventh Annual General Meeting on Monday, 15 August 2016 at the Nedbank Executive Dining Room, Ground Floor Block C, 135 Rivonia Road in Sandton from 10h30 - 13h00.
The NBF's seventh AGM will host keynote speaker Ms. Graça Machel, founder of the Graça Machel Foundation andPatron of the NBF.
The theme for this year's AGM will be 'Transformative leadership by African governments, businesses and citizens' and will focus on Africa's long-term investment into educating and skilling the next generation in order to equip them with the tools necessary to achieve the 50-year targets set by the African Union's Agenda 2063.
The Southern Africa Business Forum (SABF) in collaboration with the SADC Secretariat will be hosting the Second Annual SABF Conference on Wednesday, 24 August 2016 in Swaziland.
Kindly click the links below to access more information about the SABF and to register for the Conference:
To register for the second SABF Conference, please select from one of the three parallel sessions below. All delegates will attend the main plenary and then separate into breakaway sessions.
"Surety providers are important stakeholders for companies who are asked to provide bonds and guarantees for their clientele. Essentially, Sureties provide a line of credit to the company, instead of the company having to lay down its own cash.
Thus, it is important for companies to ensure that they are credit worthy or ensure they become credit worthy. Surety relationships are built over time and as Surety providers gain confidence with a company’s track record, management and their credit profile, they will become an important alternative to their banking relationships which can then be utilised solely for their loan requirements."
Reetaben Ramanlal Ambaram, Zurich Insurance
"I think that it is brilliant that South Africa has an export credit agency making it one of the few if not the only African Country that does. This essentially enables South African financial institutions and sponsors to invest in projects in our region where there are many opportunities. Because ECIC assists in reducing the risk on projects it therefore means that there is reduction in pricing of the financing which makes the offering by local banks more competitive thereby facilitating increased investment in local projects."
Muzi Kubeka, Director, Norton Rose Fulbright
"Export Credit Agencies are essentially placed by governments to ensure that they support job growth by equipping businesses and maintaining jobs in complex economies that have sophisticated export portfolios. South Africa is the 36th largest export country in the world, which exported US $114 billion in 2013 with a positive trade balance of US$ 5.2 billion. As such, it is important that government places instruments to cover businesses from going naked into the continent to trade and ensure that there are facilities to mitigate the risks of intra-African trade."
Hildabertha Kundu, Deal Originator, DBSA
"The main challenge for the continent is finding finance for Africa’s investment needs and this situation is worsening under the current global economic environment. Falling oil prices have put immense pressure on African governments' balance sheets and has curtailed their ability to provide financing or guarantees for investments, also the severe shortage of dollar liquidity in a number of African markets is creating huge amounts of risk and costs for banks. The unfortunate results is that a lot of international banks are relooking at their mandates in terms of which countries to participate in and are momentarily opting out of Africa operations."
Philna Potgieter, Nedbank Corporate and Investment Banking
"ECIC is a State Owned Company with a mandate to facilitate export trade with South Africa and the rest of the world and has its exposure underwritten by the government of South Africa. Our strategic focus is to make a difference in Africa by improving intra-African trade, finding new ways of working with diverse players across the continent in order to blend different sources of finance for large scale cross border projects in various sectors including infrastructure and energy."
Mandisi Nkuhlu, Chief Operations Officer, ECIC
"During the first International Chamber of Commerce Banking Conference to be hosted in Africa, here in Johannesburg, a research report showed that Africa from a medium and long-term risk perspectives is actually a low default region. According to the slides at the event, Africa’s default rate is very small (second to the North American region) in contrast to high default regions which included countries in the Middle East and Central and South America. I think that as Africans our evaluation of African risk are too conservative."
Andre Kruger - Programme Manager - AVID, NEPAD Business Foundation
The political debate about the role of export credit agencies is more heated than ever, especially in the US. But increasing political risk in many parts of the world, new developments in the energy market and an important initiative to boost power generation in Africa mean that export credit agencies continue to be critical to international trade and the global economy.
ECAs have always played an important role in opening new markets, reducing political risks, and fostering development. In today’s global economy, in which financial markets are both affected by geopolitical events and used as a tool of foreign policy, ECAs play an increasingly critical and relevant role for exporters as well as their sponsoring governments. And in an environment of increased political risks, ECAs will be crucial to OECD countries’ efforts to maintain the competitiveness of their export.
For more information, kindly click the link below:
Valentino Gallo, Global Head of Export & Agency Finance at Citi, 2015: http://www.globalpolicyjournal.com/blog/16/03/2015/future-harmonization-global-export-credit-and-investment-insurance
Creating growth through trade is an important part of the policy approach of many economies. For decades, many member countries of the Organisation for Economic Co-operation and Development (OECD) have cooperated in a fair competition for the benefit of their national exporters. The countries’ official export credit agencies (ECAs) have established and jointly improved rules and regulations for export credit and political risk insurance. However, new players such as China have now joined the list of top exporting nations. As these countries have established their own ECAs, there is a need to introduce rules and regulations on global standards for financial terms as well as truly international norms ensuring ‘ethical’ trading behaviour. But how will government support for foreign trade look like in the future?
For more informtion kindly click the link below:
Andreas Klasen and Fiona Bannert, 2015: http://www.globalpolicyjournal.com/blog/author/the-future-of-foreign-trade-support
The NBF’s Africa Infrastructure and Investment Desk (AVID)in partnership with the Export Credit Insurance Corporation of South Africa (ECIC) hosted a business breakfast at the Country Club Johannesburg on Wednesday, 20 April 2016. This event attracted interested public and private sector stakeholders from the African finance and the export communities. The breakfast session aimed to deliberate and project the future of trade and export credit facilities on the African continent.
Speaking at the business breakfast, Lynette Chen, CEO of the NEPAD Business Foundation said, “The need for export credit finance is significant. The increased prudential capital and liquidity requirements of Basel III, alongside institutional credit, country and counterparty limitations, make long-term lending, such as project finance, increasingly challenging for commercial lenders. Therefore, the importance of ECAs in mitigating political and credit risks has become increasingly necessary for commercial banks”.
Asked what the future of export credit insurance on the continent was, André Kruger, Head of the AVID said, “AVID was established to support economic development and regional integration in Africa by facilitating and arranging finance for companies, government institutions and or their projects. This facilitation role going forward will include an increased use of political and commercial risk insurance that in essence will support the successful financial structuring of projects. The challenges experienced by the US Export-Import Bank did affect their participation in the African market but this impasse also allowed competitor countries to position their trade and export credit facilities positively. It is nevertheless important for the African continent that the US resolve its internal issues and that US Exim through US exporters participate actively on the continent."
Well experienced panel members that participated in the panel discussions included Muzi Kubeka, Director, Norton Rose Fulbright; Hildabertha Kundu, Deal Originator, DBSA; Philna Potgieter, Head: Commodity, Export and Structured Asset Finance, Nedbank Corporate and Investment Banking; and Reetaben Ramanlal Ambaram, Head: Surety Global Corporate South Africa, Zurich Insurance.
The NEPAD Yearbook takes the collective expertise of Africa’s brightest minds and leading businesses and shares them on a single platform which is easily accessible anywhere in the world, and written in a way that appeals to investors in all major sectors.
This year's theme is 'The new era of Africa's industrialisation: Unlocking Africa's potential' and the publication was officially launched at WEF Africa, in Kigali, Rwanda.
To access the online version of the publication click here.
Ander Kruger, Africa Investment and Integration Desk (AVID) Programme Manager. Click here for profile and contact details.
Revati Baboola, Africa Investment and Integration Desk (AVID) Programme Assistant. Click here for profile and contact details.
Lesley Wentworth, Southern Africa Business Forum (SABF) Programme Manager. Click here for profile and contact details.
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