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.
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.
MoU Press Release
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.
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
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:
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:
The AVID program will provide this support through the following three elements:
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:
Duties of the PFSM
AVID Membership Development and Retention
AVID Project Management Unit Forums:
NBF Cross-Cutting Partners/Sector Programmes
Marketing and Communications Oversight:
Essential skills and capabilities
Behavioural Qualities and Other Requirements