CEO's commentary


It is a great pleasure for me to welcome you to our first newsletter for 2016. This year, we have hit the ground running by kick-starting new initiatives and growing existing programmes. I would like attribute our ongoing growth and success to the efforts of the NBF board of directors and to the NBF staff who have continued in their dedication to our vision and mission. Our success is also an output of our members and stakeholders’ commitment to our organisation, it is largely through their support that the NBF has thrived for so long and will continue to do so in the future.

Recapping 2015, it was an exciting and successful year at the NBF. Our major highlights included the establishment of an NBF country office in Addis Ababa, Ethiopia; the launch of the Africa Investment and Integration Desk (AVID) with the support of the Export Credit Insurance Corporation of South Africa (ECIC); the launch of the Southern Africa Business Forum (SABF) on the margins of the SADC Heads of State Summit in Botswana; and our response to xenophobic violence in South Africa with the establishment of the Business Action Against Xenophobia (BAAX) forum which coordinated private sector-led working groups to kick start projects that will hopefully mitigate future incidences of xenophobic violence.

Also in 2015, our existing programmes continued to excel with the African Corporate Governance Network (ACGN) initiative securing funding to further develop and promote the programme in Africa and growing its membership to 16 countries; the Strategic Water Partners Network of South Africa (SWPN-SA) projects reporting cumulative water savings of 927 891 m³ per week with projected water savings of 48 million m³ per annum; and the African Infrastructure Desk (Afri-ID) making significant progress in the development of its five priority projects along the North South Corridor in the port and rail sectors. 

We are excited by our plans for 2016 and by the opportunities our new initiatives will provide to our members.  The SWPN-SA has launched three new strategic working groups - Water Stewardship (WS); Skills Development and Transformation (SDT) and Sanitation (SANI). The SWPN-SA will once again be participating at the following annual events: WEF Africa Summit; Water Institute of Southern Africa (WISA); the World Water Week; and will also be hosting a second Water Stewardship event this year will be inviting key stakeholders to participate and support the initiative. 

During an African Corporate Governance workshop held in Maputo, Mozambique in February 2016, the ACGN released the first edition report on the ‘State of Corporate Governance in Africa: An Overview of 13 Countries’. The report contains a high-level overview of the current status of corporate governance frameworks and systems in 13 countries, which include Egypt, Ghana, Kenya, Malawi, Mauritius, Mozambique, Nigeria, South Africa, Tanzania, Tunisia, Uganda, Zambia and Zimbabwe. Currently, the ACGN’s membership base consists of Institutes of Director organisations from 16 African countries with a collective representation of over 16,000 directors and senior executives across the continent. This year, the initiative will be targeting new members, which will include Senegal, Algeria, Togo, Benin and Rwanda.

The Afri-ID will be hosting its third Public-Private Dialogue on Infrastructure Project forum this year. The Afri-ID has delivered great progress with some of its infrastructure projects such as the North South Corridor (NSC) rail project, which has begun to yield early results. Through the Afri-ID’s efforts, operational efficiency on the NSC has increase significantly where transit times between DRC and Durban have been reduced from 15 days to 7.5 days on that rail line.  The Afri-ID’s neutral facilitation role managed to bring together senior management of the four country’s rail operators who have been working together over the past two years to improve communication, coordination and collaboration in order to provide a seamless rail corridor.

In this newsletter, you will find the NBF 2016 events calendar and be sure to diarise the dates of key NBF activities to make sure that you are plugged into the latest developments in Africa. I would like to let our stakeholders know that this year, we will be resuming the African Leaders in Dialogue (ALD) dinner which is the NBF’s flagship event is hosted in partnership with the NEPAD Agency and supported by Barclays Africa. The ALD dinner is a platform for like-minded African leaders from both the public and private sector to deliberate on the challenges facing the continent as well as to seek solutions and design logical steps to develop the African continent.

We are excited about 2016 and we invite you to get involved in our programmes and initiatives and to become part of our success story. Our aim is to remain relevant to our members and to deliver value to all our stakeholders. Join us as we facilitate the implementation of strategic projects which are of sustainable developmental importance and deliver real impact across the African continent.

To find out more about the NBF and to become a member, please contact us and we will arrange a meeting or download our 2016 Membership Application Form from the link in this newsletter or from our website.

 Thank you for taking the time to read this newsletter.





NBF Signs MoU with the African Union


The African Union signed a Memorandum of Understanding with the NEPAD Business Foundation at its 7th Annual African Union Private Sector Forum which was held in Nairobi, Kenya on 3-5 December 2014. The partnership between the AU and the NBF will enhance and strengthen the coordination of complementary activities, interests and capacities between the AUC’s Department of Economic Affairs and the NBF, as well as promote private sector development, investment and resource mobilization in Africa. 

The MOU was signed by His Excellency, the Deputy Chairman of the African Union, Mr Erastus J.O. Mwencha on behalf of the AU and Mr. Geoff Rothschild, Chairman of the NBF Operations Committee on behalf of the NBF.  As an invited guest, Mr. Rothschild also participated in a plenary session discussing the role of the private sector in catalysing inclusive growth and development in Africa. The Annual African Private Sector Forum is an AU event, which invites key members of the private sector to convene and engage in dialogue with the public sector in order to find joint solutions to Africa’s challenges and to increase the momentum of developmental public-private partnerships across the continent. 

This MOU will see the NBF and its private sector members becoming more involved in the AU’s continental development programmes and will be the launch pad for NBF operations in Central and East Africa. 

NBF has scheduled the launching of its NBF Ethiopia office in Addis Ababa for February/March 2015 thereby increasing its footprint in Africa. Currently the NBF operates in South Africa, Mozambique, Zambia, Malawi and Tanzania and the launch of the Ethiopia office will be the first planned towards East African expansion.

Related links:

MoU Press Release

For more information on this and other articles, please contact Terrence Mutuswa on email: This email address is being protected from spambots. You need JavaScript enabled to view it.  





Africa's 2015 Economic Outlook


The Nedbank Group and the NBF resume their high-level business interaction platform the Nedbank-NBF Networking Forum this month.  The first instalment of the quarterly forums for 2015 will be hosted on Tuesday, 26 May 2015 in Sandton.

Nedbank and the NBF are proud to present Nedbank’s lead Economist, Mr. Isaac Matshego who will provide delegates with refreshing insight into Africa's prime investment opportunities as well as the continent's economic landscape around developing markets.

This networking forum, themed 'Africa's 2015 Economic Outlook' will focus on an in-depth analysis of the continent's economic position and the various dynamics that drive it forward. Key questions to be answered include:

 What are the new business and economic trends in Africa?

 Which and sectors areas are likely to experience growth in 2015?

 What are the top 10 African countries to watch this year?

 What are the top 10 pitfalls expanding businesses need to look out for? and

 Who are Africa’s current and best trading partners this year?


Tuesday, 26 May 2015


11h30 - 14h30


Nedbank Head Office


R300.00 excl VAT 


Please note that Nedbank staff, the diplomatic community, the media and members of the NBF are not required to pay. Kindly click here to check if your organisation is a member of the NBF.




NEPAD CBN Launch - Cape Town


Stanley Subramoney, Chairman of the NBF delivered the opening remarks at the NEPAD Continental Business Network (CBN) launch at the Table Bay Hotel in Cape Town on Monday, 1 June 2015.

CBN is the mandated follow-up and implementation to recommendations emanating from the 2014 Dakar Financing Summit (DFS), during which the NEPAD Heads of State and Government Orientation Committee (HSGOC), chaired by H.E. President Macky Sall.

The CBN will constitute a CEO-level private sector infrastructure leaders dialogue platform for the AU Heads of State on the Programme for Infrastructure Development in Africa projects (PIDA) and the Presidential Infrastructure Champions Initiative (PICI); to engage and advance private sector priorities and requirements to invest in regional and cross -border projects. In addition, the CBN will act as an exclusive Infrastructure Investment Advisory platform for high lever African policy makers, providing thought leadership and engagement on a range of strategic issues such as project packaging, procurement, policy, investment risk rating(s), structuring and the overall promotion of projects to the private sector.

In his remarks, Stanley Subramoney urged the AU, NEPAD Agency and NEPAD HSGOC to take advantage of the existing networks, platforms and initiatives that have been developed to reduce the gap between the public and private sector. He recommended that the CBN draw from what the NBF and similar organisations have done and absorb lessons from our combined experiences.

The NBF believes that CBN’s role as an exclusive Infrastructure Investment Advisory platform for high-level African policy makers will give the initiative a unique position to inform African policy decisions. If successful, the CBN will become a game changer to Africa’s infrastructure development, this is because it will enhance efforts by organisations that have been involved in fostering a close relationship between the public and private sector across the continent




Africa Investment & Integration Desk (AVID) Programme Forums and Stakeholder Manager (PFSM)

Deadline:  30 September 2015
Location:  Johannesburg, South Africa (only those with South African work permits need apply)
Duration: 1 year, renewable 


The NEPAD Business Foundation (NBF) plays a catalyst role of creating mutually beneficial partnerships between public-private sectors, regional economic communities, development institutions and civil society. The NBF plays the role of the Project Management Unit for these partnerships to work together to accelerate from concept to implementation of development projects in Africa. With the support of the NBF PMU, these partnerships identify barriers, find solutions to these barriers, remove these barriers and thereby unlock these development projects for implementation to promote sustainable economic and social development in Africa. 

The NBF programs mirror the NEPAD Socio Economic Development Strategic Framework Focus Areas. The NBF programs include the following: 

1) The Africa Infrastructure Desk (Afri-ID); 
2) The Strategic Water Partnership Network (SWPN); and 
3) The Africa Investment and Integration Desk (AVID) 
4) The Agriculture Desk (Agri-Desk) 
5) Cross-cutting Initiatives – Capacity Building, Gender Inclusivity, Trade, Policy and Regulatory Issues 

This position relates to the Africa Investment Integration Desk (AVID).

The Africa Investment and Integration Desk (AVID):

NBF recently launched a new programme, the AVID, to generate a pipeline of projects for financiers and private sector as new business opportunities in all sectors (including: infrastructure, agriculture, water and services) in the African Continent.

The AVID will primarily support the development projects Financiers’ strategy as follows:

1) Coordinate financiers (i.e., FIs, DFIs, Pension Funds, Private Equity Capital, Export Credit Insurance Providers, etc.), builders of infrastructures, operators of infrastructure to develop a compelling end-to-end approach to projects opportunities in the African continent 
2) Provide private sector companies and financiers with a forum to form consortiums/alliances/ syndication to work on opportunities in the African continent 
3) Support Financiers’ investments in African countries by linking them to (What, where, when are) the African investment opportunities across sectors (Infrastructure, Energy, Agriculture and Water) 

The AVID program will provide this support through the following three elements:

1) Stakeholders dialogue forums/platforms and networking events where NBF acts as the Project Management Unit (PMU)
2) Periodic in-bound and out-bound trade missions for strategic meetings, visits and events
3) Research and knowledge provided through briefings, reports, cases studies and capacity building

Job Description:

The AVID Programs Forums and Stakeholders Manager (PFSM) will be responsible for managing the forums, missions and stakeholders management. In view of the crossing-cutting nature of the AVID program, the PFSM portfolio of the forums, missions and stakeholder responsibilities will cover the following:

1) Africa Investment and Integration Desk (AVID) program-specific projects
2) Agri-Desk Project of interest to AVID
3) SWPN Projects of interest to AVID
4) NBF cross-cutting - NBF corporate membership service.

Duties of the PFSM

AVID Membership Development and Retention

1) Develop and execute a Strategy and Action Plan to recruit target institutions participation in AVID as members/sponsors
2) Identify target institutions and articulate AVID value proposition to get AVID members/sponsors:
    a. Research prospective AVID members before meeting with them in order to understand their core business, ethics and values relative to the NBF/AVID
    b. Preparation and update of presentations to prospective AVID members
    c. Preparation of AVID sponsorship proposal i.e. Sponsor, Project Working Group Member
    d. Preparation of welcome pack and ”orientation” of new AVID members
    e. Attendance of NBF events to network, gather new leads, build relations with existing members
3) Liaise with Finance and Operations Controller for accurate and timely invoicing of AVID members
4) Liaise with AVID Program Manager to ensure the AVID is delivering the promised value proposition to its sponsors and members
5) Ongoing follow up on, interaction with existing members for feedback on satisfaction and as a strategy to retain existing AVID members 
6) Arrange and manage annual AVID membership satisfaction survey.
    a. Analyse annual membership satisfaction survey and
    b. Use the results to reinforce good performance and take corrective action on weak areas
    c. Introduce new approaches to membership management based on previous experiences 

AVID Project Management Unit Forums:

1) Develop Steercom, working group schedules of meetings, tasks and activities and obtain approval
2) Convene Steercom meetings, project work stream forums as per approved schedule
3) Facilitate those Steercom meetings and work stream forums to focus on subject specificity and to be outcome focused events
4) Perform all AVID Project Management Unit (PMU) for these dialogue forums/platforms and networking events
5) Convert the forums’ ‘raw ingredients’ – participants, expertise, dialogue – into investments, projects, partnerships and policy adaptations
6) Establish and ensure a systematic follow through on the projects and opportunities to development and implementation.
7) Pre-mission research prospective countries and sectors and providing briefing notes to AVID delegation members for outbound missions.
8) Plan, coordinate and deliver end to end missions for AVID as scheduled

NBF Cross-Cutting Partners/Sector Programmes

1) Research possible partners to join/fund the NBF programs of interest to AVID
2) Arrange logistics around calling, meeting and presenting to those prospective companies
3) Strategic positioning and managing relations with donors and business chambers
4) Develop and implement gender (especially women) inclusivity in NBF programs of interest to AVID

Marketing and Communications Oversight:

1) Manage the staff responsible for marketing and events coordinator to promote sector meetings and other events
2) Manage the staff responsible for communication with the NBF members, writing membership updates for bi-monthly NBF newsletter and website

Essential skills and capabilities

 At least a Bachelor’s degree in a relevant field:  A specialisation in international development, business management, international relations, communications or public relations.
 At least 10 years working experience relevant to the post. Specific experience and networks in international development, the donor community, diplomatic services, development finance and or financial services
 Excellent communication skills – both written and in presentation
 Stakeholder engagement and process management expertise including the ability to manage multi stakeholder groups, organise and lead missions to countries, receive delegations
 Project management expertise and knowledge of NBF programmatic focus areas
 Proven record on programme delivery, relationship management and closing deals
 Proven ability to develop, document, maintain and write fund-raising 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


To apply: Please send a motivating letter together with your CV and two contactable references via email to This email address is being protected from spambots. You need JavaScript enabled to view it. .  Please be advised that only shortlisted candidates will be contacted. Enquiries by telephone will not be accommodated.

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