Public–Private Partnership Models For Industrialization Under The African Continental Free Trade Area
Feven Brook Kebede , Coordinator, Government Relations and Africa, United Nations Global Compact, New Jersey, USAAbstract
The article presents an analysis of public–private partnership (PPP) models as an instrument of industrialization in the context of the African Continental Free Trade Area (AfCFTA). The study is based on an interdisciplinary approach combining institutional economics, comparative analysis of macroeconomic forecasts and empirical data, and analytical reconstruction of PPP practices. Particular attention is given to comparing the results of computable general equilibrium models with actual data from East and South African countries. It is established that the key constraints are logistical barriers, fragmentation of energy markets, and institutional heterogeneity of national economies. The study shows that public–private partnerships ensure the mobilization of private capital, compensation for limited public resources, and the development of infrastructure and industrial projects. The strategic role of technological and financial mechanisms, such as additive manufacturing and green finance, is highlighted as they provide the foundation for sustainable growth and risk reduction. Comparative analysis confirmed that the effectiveness of PPPs is determined by a combination of institutional harmonization, infrastructure modernization, and the integration of innovative practices. The paper proposes a conceptual framework for improving the effectiveness of PPPs within AfCFTA, including the development of unified partnership models, the adaptation of financing mechanisms, and the use of technological drivers of industrialization. The article will be useful for researchers in international economics, regional integration specialists, experts in infrastructure development, and policymakers developing industrialization strategies in Africa.
Keywords
Public–private partnership, AfCFTA, industrialization
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