Drawing on lessons learnt from an earlier presentation in Oslo, the AfDB’s Independent Development Evaluation (IDEV), and Norad’s Evaluation Department (NoradDev) are co-organizing this dialogue forum in Kenya to share evaluative knowledge to enhance the relevance, effectiveness, and impact of future private sector development activities.
The two-day forum is designed as a knowledge-sharing and peer-learning event for the AfDB, Norad, bilateral and multilateral development agencies, as well as development practitioners and other stakeholders involved in private sector development. It will provide an opportunity for participants to discuss what works/what does not/and why, in providing support for private sector development.
Specific objectives are to:
• Raise awareness about the existence of evaluations on PSD support;
• Share evaluation results with others in a bid to contribute to learning and a rethink of PSD support and how it can be made more effective;
• Provide insights that inform policy/decision makers and development partners; while offering clear and evidencebased conclusions and recommendations in terms of a) policy directions enabling African countries to strategically and beneficially partner with private sector actors and development partners; and b) capacity development imperatives; and
• Foster networking, peer-learning, and experience sharing.
The event features keynote speakers, presentations, and panel discussions, with ample time for discussions on critical issues shaping private sector development in Africa.
Audience will include private sector actors, government representatives, management & staff of multilateral agencies, regional & sub-regional development banks, bilateral donors, African institutions, academia, CSOs, and the media.
The expected outcomes of the event include, but are not limited to:
• Increased knowledge on what works and does not work in designing, planning and implementing PSD interventions;
• A better grasp of the challenges, trends, and opportunities; and a mutually beneficial approach to promoting private sector growth in Africa;
• Deepened engagement with key stakeholders, and new opportunities for learning;
• Identification of ways to leverage private sector development and leap-frog Africa’s development;
• Key messages on private sector growth and employment creation for African policy makers and development practitioners.
PROGRAM DAY 1 Monday 03rd April
8:00 – 9:00 REGISTRATION
9:00 – 9:30 OPENING SESSION
Welcome remarks: Stefan Muller, Regional Economist, AfDB Opening remarks: Julius Korir, Principal Secretary, State Department of Industry and Enterprise Development, Kenya
9:30 – 09:50 Keynote speech: Private Sector Development in Africa: Threats, Opportunities & Possibilities Diariétou Gaye, World Bank Country Director, Kenya
09:50 - 10:10 Presentation: Assessing Private Sector Development Approaches - Evaluation Synthesis Findings Rakesh Nangia, Evaluator General, AfDB
10:10 – 10:25 Q&A with audience
10:25 - 10.45 Coffee Break
10:45 – 12:45 SESSION 1. POLICY AND INSTITUTIONAL CONSTRAINTS TO PRIVATE SECTOR DEVELOPMENT
This session will speak about existing and emerging institutional and policy constraints hindering private sector development specifically in Africa. Discussions will, amongst others, interrogate issues such as political instability, corruption, derisory government regulation, unfavourable tax regimes, restrictive policies, inadequate access to electricity, weak infrastructure, inadequate access to finance, weak capacity, tariff/non-tariff barriers, and a protuberant informal sector. Panellists will discuss the possibilities for a meaningful way forward.
Panel Discussion: Policy & Institutional Constraints to Private Sector Development in Africa – What Needs to be Done?
Moderator: Walter Odero, Macroeconomist, AfDB Panellists: • Carole Kariuki, CEO, Kenya Private Sector Alliance • Julius Korir, Principal Secretary, State Department of Industry and Enterprise Development, Kenya • Rose Ngugi, Executive Director, Kenya Institute for Public Policy and Research Analysis • Phyllis Wakiaga, CEO, Kenya Association of Manufacturers
13:00 – 14:30 NETWORKING LUNCH
14:30 – 16:30 SESSION 2. FINANCING PRIVATE SECTOR DEVELOPMENT – LESSONS FROM ACROSS AFRICA
This session will interrogate the experiences and lessons learnt in financing and the investments of private enterprises in Africa. As one of the key difficulties facing PSD in Africa, obtaining medium- and long-term finance on affordable terms is vital to the sector’s development. Discussions will touch on the importance of FDI and DRM and how countries should intensify efforts to improve financing support for PSD in Africa. The session will also examine the role of government in promoting sufficiently deep and liquid financial and capital markets, improving physical infrastructure, and stimulating private investment.
Moderator: Rakesh Nangia, Evaluator General, AfDB
14:30 – 15:00 Keynote: Financing PSD in Africa – What do we know? Geoffrey O. Odundo, CEO, Nairobi Securities Exchange Ltd. Kenya
15:00 – 17:00 Panel Discussion: Financing PSD – what works, what does not work, & why?
Panellists: • Julius Karuga, Senior Investment Officer, AfDB • Joseph Mouanda, Principal Evaluation Officer, AfDB • James Mureu, National Vice-Chairman, National Chamber of Commerce and Industry, Kenya • Geoffrey O. Odundo, CEO, Nairobi Securities Exchange Ltd. Kenya
17:00 - 17:15 DAY 1 – WRAP-UP/TAKE-AWAY MESSAGE
PROGRAM DAY 2 TUESDAY 04th APRIL
8:00 – 9:00 REGISTRATION
9:00 – 12:30 SESSION 3. SME DEVELOPMENT - NODES OF GROWTH
The session will focus on SMEs and entrepreneurship as engines of economic growth. It will attempt to map-out pathways that Africa can take to strengthen SME development such that it spurs growth and employment creation. In so doing, the innovative potential of SMEs will also be highlighted. Discussion will also focus on how to leverage SMEs potential as the key source of employment in most African countries, especially of new jobs and a major source of technological innovation and new products, to address poverty reduction. In doing so, the session will interrogate what has worked, what has not and why both across the Global-South and within sub-Saharan Africa, to tease-out lessons for future direction, and attempt to beat a new path towards Africa’s transformation agenda.
Moderator: Julius Karuga, Senior Investment Officer, AfDB
9:00 – 9:30 Keynote speech: Supporting Innovative Entrepreneurship – Lessons for Evaluation & Research Joseph Mbeva, Director - SME, Ministry of Industrialization, Kenya
9:30 – 12:30 Panel Discussion : SME Development - Nodes of Growth
Panellists: • Femi Adewole, Ag. Managing Director, Shelter Afrique • H.E. James Kimonyo, High Commissioner of the Republic of Rwanda to Kenya • Brent Malahay, Group Director for Strategic Partnerships, Collaboration and Investor Relations, Equity Bank, Kenya • Khaled Hussein Samir, Principal Evaluation Officer, AfDB • Phyllis Wakiaga, CEO, Kenya Association of Manufacturers
12:45 – 14.30 NETWORKING LUNCH
14:30 – 16:30 HOW CAN GOVERNMENTS, DEVELOPMENT PARTNERS & PRIVATE SECTOR WORK TOGETHER TO CREATE SHARED VALUE?
The session will seek to examine the role of the private sector in shaping in a significant and multifaceted way, the development paths of African countries; including how private sector actors can work with other partners to develop projects that build shared value – that delivers sustainable social impact while achieving commercial returns. The session will address what policies/regulatory frameworks governments need to put in place to encourage companies to create shared value and facilitate it; what development partners have to do to support countries to maximize the development potential of the private sector and build shared value; and what the private sector has to do (e.g., adopting sustainable development practices, facilitating technological transfer and contributing to gender equality) to make shared value meaningful to all.
Moderator: Samson Machuka, Director MED, Ministry of Devolution and Planning
Panel Discussion: Working together to create shared value
Panellists: • Chris Kiptoo, Principal Secretary, State Department for Trade • Arif Neky, Representing UN Resident Coordinator, Kenya • Patrick Obath, Board Member, Federation of Kenyan Employers • Kwame Owino, Institute of Economic Affairs, Kenya
16:30 CLOSING REMARKS
Rakesh Nangia, Evaluator General, AfDB