According to USAID, a PPP involves agreement between multiple actors “to work together to achieve a common objective” and involves shared contribution of resources.
PPPs should “achieve a common good” of value to both public and private actors; include contributions by the private sector partner go “beyond the private sector partner's immediate commercial interests”; and utilize resources from the private sector actor that would not otherwise be contributed and leverage financial, human, or in-kind resources from the public sector actor. Agri-PPPs in Ghana are mostly developed between a market or business driver of a particular commodity chain with various partners and actors coming together to form a partnership where the objectives of the partnership are clearly spelt out within a particular time frame. A partnership agreement is then developed to set out the framework of objectives, measurable indicators, budgets, timelines and partnership governance mechanisms.
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Mr. Divine Buo