The PPP Evaluation is expected to provide answers to the following three overarching sets of questions:
a. To what extent Bank's PPP interventions are relevant and additional, effective, efficient and yield to sustainable development results and social impact and contribute to inclusive growth, employment, reduction of local disparities and transition to green economy?
b. To what extent the Bank's policy, strategy and institutional settings including operational guidelines and directives governing the PPPs generation, portfolio management, monitoring and evaluation are relevant and contribute to RMCs PSD and social development impact?
c. What has worked and what has not worked and why? what are the factors of success and failure that enable and/or hinder successful implementation and achievement of objectives, and what are the lessons of experience including policy implications and potential improvements to inform Bank's future use of PPPs as an intervention instrument.
The Evaluation will thus focus on two main (2) issues, namely the achievement of development results in the context of PPP operations and the management of Bank's PPP interventions; and will comprise a forward looking aspect for future Bank's engagement in closing the infrastructure gap on the Continent through increased PPP investments. In order to allow for a robust synthesis of results information to support the evaluation, a set of preliminary evaluation sub-questions related to the two above-mentioned main areas of focus has been prepared and is presented below:
1. Achievement of Development Results - This set of issues will examine how and why development results were achieved or not under the Bank's PPP mechanism. Focus will be on the following issues: Relevance, Effectiveness, Efficiency, Sustainability, Cross-cutting issues (inclusive growth, employment, reduction of regional disparities, gender and youth equality and transition to green economy.
• To what extent Bank PPP projects and interventions are relevant, effective, efficient, and sustainable?"
• To what extent have Bank PPP projects and interventions contributed to inclusive growth, employment, and to increased accessibility of the poor and disadvantaged population to social and economic infrastructure including equality for gender and youth, compared to alternatives and other financing options (PuP or PSO only)?"
• What has worked and what has not worked and why? And what are the key factors of success or failure and/or sectorial experience for higher development results and social impact of PPP projects at the Bank in the context of future PPP hubs?
• What lessons could be drawn from Bank's PPP engagement?
2. Management of Bank's PPP Interventions - This set of issues will focus on what the Bank has achieved on the ground. Focus will be on the following issues: future strategic framework of Bank's PPP engagement, operational directives and guidance for screening, undertaking due diligence and approval including ex ante additionality and development outcomes assessment, leverage, partnership and coordination, cumulative learning and knowledge management, advisory services and analytical work (ESW), institutional capacity building and technical assistance, innovation and scaling up, and managing for development Results:
• What is the actual and future strategic framework guiding the Bank's PPP engagement (for example, through early involvement in infrastructure project development and a hands-on Infrastructure Project Preparatory Facility)?
• How operational directives and guidance for screening, due diligence and approval including ex ante additionality and development outcomes assessment are effective and efficient as compared to good practices and other MDB operational processes and procedures?
• What are the highlights of the current PPP portfolio (both lending and non-lending interventions) of the Bank?"
• What is the actual and future role of the Bank and to which extent was it effective and efficient in ensuring leverage, partnership and coordination?
• How effective and efficient are advisory services and analytical work (ESW), institutional capacity building and technical assistance provided within PPP interventions?
• How the cumulative learning and knowledge has been used?
• To which extent have Bank's PPP interventions contributed to managing for results within the Bank and RMCs?