The INFF African country and regional landscapeOrria Goni, Regional SDG Financing AdvisorUNDP Africa Finance Sector Hub

Contents

The INFF in Africa at a Glance

Inception Phase of INFF – the INFF Roadmap

SDG Financing Strategies

1

2

3

4

5

Governance and Coordination

Partnerships - The INFF Consortium in Africa

The INFF in Africa at a Glance

INFF countriesINFF pioneers

The designations employed and the presentation of material on this map do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations or UNDP concerning the legal status of any country, territory, city or area or its authorities, or concerning the delimitation of its frontiers or boundaries.

BeninBotswanaBurundiCameroonComorosDemocratic Republic of the CongoDjiboutiEgyptEswatiniGabonGuineaLesothoMadagascarMalawiMaliMoroccoMozambiqueSierra LeoneSouth SudanTanzaniaTogoTunisiaZambia

INFF countriesBurkina FasoCabo VerdeCôte d'IvoireGhanaKenyaNamibiaNigeriaRwandaSenegalUganda

INFF pioneers

Development Finance Assessments INFF Roadmaps

16

7

2

0 5 10 15 20

Planned

In progress

Launched

Number of countries

14 14

16

0

2

4

6

8

10

12

14

16

18

Planned In progress Completed

Num

ber o

f cou

ntrie

sInception phase

The INFF Roadmap - Its Scope

• Budgeting• Revenue• Public debt• Public entities• Development cooperation

H O L I S T I C A P P R O A C H A C R O S S P U B L I C F I N A N C E

• Promoting private participation in public investments• Building markets that work for the SDGs

• Enabling environment• Targeted measures

• Engaging non-commercial finance• NGOs, foundations, FBOs• Diaspora and remittances

I N T E G R AT E D A P P R O A C H T O P U B L I C P O L I C Y F O R

P R I VAT E F I N A N C E

12

0 5 10 15

New financingstrategy

Number of countries

10Strengthening financingstrategy

4Plan will be costed forthe first time

10

1

1

More integrated orholistic

More coherent

Wider ownership

of which:

SDG Financing strategies

FINANCING STRATEGIES: ADDED-VALUE FINANCING STRATEGIES RELATED TO PLANS

3

5

11

12

0

2

4

6

8

10

12

Long

-term

plan

Medium

-term

plan

Long

and m

edium

term

plan

s

Other p

lan

Under

discu

ssion

Num

ber o

f cou

ntrie

s

Public finance,

24

Public-private finance, 23

Private finance, 24

Tax and revenue policy, 8

Budgeting, 10

Public entities, 1

Development cooperation, 5

Public-private partnerships, 10Remittances /

diaspora investment, 6

Digitisation, 7

Financial sector, 9

Access to finance / SME financing,

5

Foreign direct investment, 5

Fintech, 3

Philanthropic funding, 1Other, 1

SDG Financing strategies

THEMATIC FOCUS

REFORMS: POLICIES, REGULATIONS, INSTRUMENTS, INSTITUTIONAL CAPACITY

0% 25% 50% 75%

Gender equality

Climate, energy

Social protection

Health

Education

Water and sanitation

Agriculture

Infrastructure

Others

Proportion of countries

Financing strategy examples

• Integrated National Financing Strategy for the third Five-Year Development Plan

• More holistic approach to financing, including introduction of innovative financing in tax, public-private mechanisms

• Capacity building for green financing

TA N Z A N I A

• Bottom-up approach to financing strategy• Five district-level Integrated Assembly Financing

Frameworks• Connected to national Ghana CARES recovery plan• Introduction of a range of financing innovations

G H A N A

Financing strategy under development• Informed by new DFA process• Focus on mobilising private investment in renewable

energy, climate finance, water and sanitation, as well as remittances/diaspora investment

N I G E R I A

• NDP 6th Financing Strategy• Financing strategy informed by costings and DFA

exercise• Linked with NDC Agenda and financing framework• Chapter on Digital Finance

N A M I B I A

Formalised or being formalised

76%

Under discussion

24%

Governance and coordination

OVERSIGHT COMMITTEE CHAIRSINFF OVERSIGHT COMMITTEES

Among those formalised and being formalised:

53%: Embedded within an existing mechanism

37%: New mechanism created

10%: Under discussion

0% 20% 40% 60% 80%

Ministry of Finance(incl. as co-chair)

Ministry of Planning

Ministry of Economy

Other

Proportion of countries

Governance and coordination, examples

• Mapping of existing participatory platforms to propose an integrated structure of the INFF architecture

C A M E R O O N

• Bottom-up approach to the SDG Financing Dialogue in collaboration with the Local Authorities

• Planned ToT on INFF at local level

S I E R R A L E O N E

• Setting up of the SDG Financing Architecture State to Federal level

• Bringing the existing Public and Private Sector platforms into the INFF

N I G E R I A

• Launching of INFF through a series of SDG Financing dialogue workshop discussions with the extensive set of financing stakeholders in Kinshasa

D R C

16 UN organisations supporting governments to operationalise INFFs in Africa

INFF ongoing partnerships

Collaboration with other actors

EU, IMF, World Bank, GIZ and others

• Participation in technical committees• Delivery of technical activities• Resourcing INFF activities

Peer-to-peer learning

• INFF labs for UNDP country offices• South-south government exchanges

Methodological guidance

INFF training:

• North and Central Asia (January)• Asia-Pacific (March)• Africa (24 – 26 August)

• Government ownership over INFFs is high: 3/4 of countries have formalised government-led oversight committees, the majority led by Ministries of Finance

• 26 countries are using development finance assessments (DFAs) to shape their INFF processes

• Assessments and diagnostics covering financing needs, trends, risks and binding constraints are underway across the region; half are government-led and 37% led by international partners

• 12 countries will develop a financing strategy for the first time while 10 countries will strengthen existing financing strategies, broadening their scope to include private finance

• More than 70% of financing strategies are prioritising climate change and energy transition; two-thirds prioritise gender equality and social protection

Key Recap Headlines from the ongoing INFF Progress

• Across the region, countries are using INFFs to explore and take forward more than 70 reforms to financing policies, regulation, instruments and processes across public and private financing

• Countries are building capacity and strengthening governance of financing policies through innovations such as INFF dashboards and digital reforms as well as whole-of-society dialogue platforms

• 16 UN organisations are actively supporting governments across the region to operationalise INFFs, with a wide range of other international partners such as the EU providing technical support, participating in dialogue and resourcing INFF activities.

Key Recap Headlines from the ongoing INFF Progress

The INFF Knowledge Platform

www.inff.org

www.inff.org UNDP Africa Finance Sector Hub

Thank you!

Together we can Achieve more