Public-Private Partnerships and Debt in Africa Framing the Discourse

Public Private Partnerships – A form of legally enforceable contract between the public sector and
private sector, which requires new investments by the private contractor (money, technology,
expertise/time, reputation, etc.) and which transfers key risks to the private sector (design, construction,
operation, etc.), in which payments are made in exchange for performance, for the purpose of
delivering a service traditionally provided by the public sector. IP3/WB