2013-2017_-_Private_Sector_Development_Strategy

Table of Contents
ACRONYMS AND ABBREVIATIONS
EXECUTIVE SUMMARY
II
VI
1. INTRODUCTION 2
1.1 Why a Strategy Now 2
1.2 Lessons from Previous Private Sector Strategies 3
2. THE AFDB PRIVATE SECTOR DEVELOPMENT STRATEGY (2013-2017) 6
2.1 Vision and Objectives 6
2.2 Bank Group Positioning 6
2.3 Operational Principles 7
2.4 Pillars and Priorities 7
2.5 Areas of Special Emphasis 18
3. IMPLEMENTING THE STRATEGY 21
3.1 Leadership 21
3.2 Ownership 22
3.3 Partnership 23
3.4 Monitoring and Evaluating Results 24
4. RISKS AND MITIGATION MEASURES 25
5. CONCLUSION 28
6. ANNEXES 29
6.1 Annex I: Lessons from Previous Activities 30
6.2 Annex II: Pillar-Related Operational Areas 31
6.3 Annex III: Summary of Bank-Wide Institutional Arrangements 35
6.4 Annex IV: Results Monitoring Framework (RMF) 36
Figures
Figure 1: Strategy 2013–2022 – Core Operational Priorities 2
Figure 2: Key Lessons from Previous PSD Strategies 4
Figure 3: Key OPEV Recommendations on NSOs 5
Figure 4: The AfDB Private Sector Development Strategy 8
Figure 5: Predictability of Regulatory Changes 9
Figure 6: Inland Transport Costs 12
Figure 7: Percentage of Firms Identifying Access to Finance as a Major Constraint 14
Figure 8: PSD Results Monitoring Framework 24
boxes
Box 1: Scaling Up Work in Trade Finance 15
Box 2: Fine-Tuning Interventions via Financial Intermediaries 17
Box 3: Implementation Schedule of Key Recommendations by OPEV 22
Box 4: Equity Investments 26