Panel: Supercharging Public Private Philanthropic Partnership

The talk delves into the evolving dynamics of financing and investment in Africa, with a focus on partnerships between public, private, and philanthropic sectors. Panelists discuss the significance of African nations asserting their agency in negotiations, the imperative for innovative financing models like family offices, and the need for effective governance and local capacity building to foster sustainable development. Additionally, the discussion highlights the influence of geopolitical trends, particularly in relation to US and China involvement, and emphasizes the importance of contextual awareness in investment strategies. It advocates for a new approach to philanthropy that transcends traditional boundaries and prioritizes holistic development and accountability.

Key Takeaways

• African countries must assert their ownership and agency in financing negotiations to ensure sustainable development.

• Innovative financing models, particularly family offices, are essential for effectively mobilizing local resources and investments.

• Successful partnerships between public, private, and philanthropic sectors can enhance economic growth and development outcomes in Africa.

• Contextual understanding and cultural awareness are critical for making informed investment decisions that align with local needs.

• A shift towards integrated approaches in philanthropy and business can lead to more impactful investments that benefit society as a whole.

Notable Quotes

• "When you look at the relationship between Africa and The US... Africa is mentioned as a strategic partner, but the reality is often very different."
- Rishon Chimbosa

• "I find these conferences... we are saying the same thing we said ten years ago."
- Mahmood Ba

• "In Africa, we are lacking in the adoption and creation of family offices relative to the wealth that is on the continent."
- Barry Johnson

• "One of the points that we always raise in Francophone Africa is the fact that the studies are so rigid that by the time you get out of university, you don't know how to do anything but you know everything about the world."
- Unknown Speaker

• "You can't separate business from family."
- Unknown Speaker

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