The African Legal Support Facility (ALSF) and the Institute for Public Private Partnership (IP3) have signed a Memorandum of Understanding to enhance cooperation related to capacity building services offered in African countries.
Cooperation between the ALSF and IP3 will facilitate the exchange of knowledge and information exchange on matters concerning legal skills needed for African countries to enhance their capacity in international transactions with international investors.
Both institutions will, through the partnership, also develop joint programs and activities, such as capacity building initiatives intended to promote and strengthen legal, technical and financial expertise within African countries.
“This partnership will help us design and deliver targeted training interventions on the ground to address country specific capacity gaps in the area of Public Private Partnerships (PPPs) that will be identified in conjunction with African governments,” said the ALSF Director, Stephen Karangizi.
“We look forward to collaborating closely with the ALSF in building the capacity of African governments especially their attempts to create legal frameworks and enabling environments that will create a climate that is conducive to investment in social and infrastructure PPP projects, stated David Baxter, IP3 Executive Director.
Together, the ALSF and IP3 bring essential expertise to provide legal advice in contract negotiations in a variety of sectors. This valuable technical experience will be shared between both institutions who are jointly committed to undertaking new initiatives.
The Institute for Public-Private Partnerships (IP3), headquartered in the Washington, DC area, is a leading PPP advisory services and capacity building provider. Working with governments, corporations, multilateral institutions, and financial entities, IP3 enables clients to build their institutional capacity and to carry out successful P3 projects in the global infrastructure market. For more information. www.ip3.org
The ALSF partners with institutions to deliver capacity building interventions to African countries with respect to the structuring of agreements in commercial transactions and other related transactions. Working together with partners and African governments, the ALSF seeks to enhance the ability of African governments to negotiate and implement fair and balanced commercial transactions. www.aflsf.org