NEPAD

04-Jul-2019

AU Summit: President Adesina to lead African Development Bank’s delegation, Continental Free Trade Area talks to top summit agenda

Abidjan, Côte d'Ivoire, 4 July 2019 - African Development Bank Group President Akinwumi Adesina will next week lead a delegation of top Bank officials to the extraordinary summit of Heads of State and Government of the African Union (AU) in Niger’s capital, Niamey. High on the agenda of the July 7-8 summit are discussions on the African Continental Free Trade Area (AfCFTA). President Adesina will meet African leaders to review the continent's development issues, and hold talks on the effective implementation of the AfCFTA. As a member of the continental Task Force, the Bank will...
27-Dec-2018

Kazungula Bridge to link, open up markets in eight African countries

Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end.  In just 24 months, travelling between the water-rich but land-locked Zambia and Botswana will get easier, smoother and faster, when the new road and rail bridge, currently under construction across the waters of the Zambezi, is commissioned for public use. The 923-metre-long by 18.5-metre-wide masterpiece will link the town of Kazungula in Zambia with Botswana. Its location traverses the intersection of the Zambezi and Chobe...
23-Feb-2018

African Development Bank supports Gabon's Optic Fiber Backbone Project

The African Development Bank  and the Gabonese National Agency for Numerical Infrastructure and Frequency (ANINF) have signed agreements a feasibility study for the country’s component of the Central African Backbone (CAB) project. The project is an integrated, innovative and transformative infrastructure which consist of completing the 901.8 km fiber optic connectivity to cover 14 missing links on the Gabonese national backbone.  The project will enhance regional integration in the Central Africa region through fiber optic infrastructure enabling cross-border interconnection...
17-Dec-2017

Continental initiatives drive Africa’s infrastructure growth

Continental initiatives are driving the new growth in infrastructure demand in Africa. This was the message conveyed to donor partners at the 23rd Oversight Committee (OC or Board) Meeting of the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor Special Fund hosted by the African Development Bank (AfDB). Presenting the new NEPAD-IPPF Strategic Business Plan (SBP) for the five-year period 2016-2020 to members of the OC, who included representatives from Canada, Germany, the United Kingdom as well as the African Development Bank (AfDB), Shem Simuyemba, the new...
21-Nov-2017

AfDB calls for bold actions to improve air connectivity in Africa

The African Development Bank (AfDB) has called for bold actions to improve connectivity, market access, and cost reduction in Africa’s aviation sector. Pierre Guislain, AfDB Vice-President for Private Sector, Infrastructure and Industrialization, made this call at the third ICAO World Aviation Forum in Abuja. The AfDB is partnering with the Nigerian government, the African Union Commission (AUC), and the New Partnership for Africa’s Development (NEPAD) Agency to co-host the third ICAO World Aviation Forum from 20-22 November in the Nigerian capital.. The Bank has...
20-Nov-2017

AfDB co-hosts third ICAO World Aviation Forum

The African Development Bank (AfDB) is partnering with the Nigerian government, the African Union Commission (AUC), and the New Partnership for Africa’s Development (NEPAD) Agency to co-host the third ICAO World Aviation Forum from November 20-22 in Abuja, Nigeria. The Forum on the theme, ‘Financing the Development of Aviation Infrastructure’ will build on the outcomes of the previous events held in Montréal in 2015 and 2016. The third ICAO World Aviation Forum (IWAF/3) brings together high-level government officials responsible for aviation, transport and infrastructure...
17-Nov-2017

AU Ambassadors reflect on resource mobilization for NEPAD IPPF Special Fund

African Ambassadors accredited to the African Union (AU) met at the AU Headquarters in Addis Ababa, Ethiopia on Friday, November 17, 2017 for a consultative meeting on resource mobilization for the Special Fund of the New Partnership for Africa’s Development responsible for Infrastructure Project Preparation (NEPAD-IPPF).   The meeting jointly organized by the African Union Commission (AUC) and the African Development Bank (AfDB) in collaboration with the United Nations Economic Commission for Africa (ECA) brought together 45 representatives of African Union Member States, to...
19-Oct-2017

Un don de plus de 2 millions d’euros de la BAD à la CEEAC

La Banque africaine de développement (BAD), à travers la Facilité africaine de l’eau (FAE) et le Mécanisme de financement de la préparation de projets d’infrastructures du NEPAD (IPPF-NEPAD), deux fonds spéciaux multi-donateurs qu’elle héberge et administre, a approuvé le décaissement de 2 098 593  d’euros au profit de la Communauté économique des Etats de l’Afrique centrale (CEEAC), le 11 août 2017. Ce don devrait permettre le déploiement effectif du Projet d’appui à la création d’un organisme de bassins transfrontaliers (Ogoué, Ntem, Nyanga, et...
24-Jul-2017

NEPAD Infrastructure Project Preparation Facility proposes regional information hub to stimulate investment in Africa

The NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has advocated the establishment of a regional information hub to advertise bankable projects in Africa. NEPAD-IPPF proposes that each country should have a window linked to the centralized hub as part of an overall objective to unlock bankable investment opportunities in Africa. “It would be both a ‘project hub’ and a ‘help desk’ - a centralized IT platform for bankable projects which potential investors can access. Such a hub could be housed by the AfDB to ensure credibility and confidence by both project...
07-Jul-2017

Donor’s call for increased financial resources for preparation of bankable infrastructure projects in Africa

Donors from Canada, Germany, UK and Spain have called on other countries to join them in increasing financial contributions to support infrastructure project preparation in Africa so as to accelerate Africa’s transformation and increased socio-economic development through enhanced infrastructure connectivity. They observed that Africa’s regional integration efforts were being undermined by inadequate infrastructure and that this in turn, was due to the lack of bankable infrastructure projects in energy, transport, ICT and water and sanitation which could attract financing for implementation...
22-Mar-2017

NEPAD-IPPF and ECOWAS PPDU discuss collaboration to strengthen infrastructure project preparation in West Africa

The New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF) hosted by the African Development Bank (AfDB) held discussions with the Infrastructure Project Preparation and Development Unit (PPDU) of the Economic Community of West African States (ECOWAS) based in Lomé, Togo, with a view to strengthening collaboration on the preparation of regional infrastructure projects in West Africa. The two institutions agreed to conclude an Operational Memorandum of Understanding (MOU) to underpin their cooperation. The consultations were held on the margins of...
03-Mar-2017

NEPAD-IPPF approves US $3.88 million in grants to DRC, Mozambique and Zambia for power interconnector projects

The NEPAD-IPPF (Infrastructure Project Preparation Facility) has approved US $3.88 million in grants to the Governments of the Democratic Republic of Congo (DRC), Mozambique and Zambia to finance completion of regional projects preparations. The two Regional Interconnectors – Kolwezi (Democratic Republic of Congo) and Solwezi (Zambia) – received US $1.98 million and Zambia-Mozambique US $1.9 million, excluding US Trade and Development Agency (USTDA) co-financing worth US $0.8 million. The NEPAD-IPPF grants are to help fund full feasibility studies, including detailed design and...
14-Feb-2017

The AWF and NEPAD-IPPF Foster Climate Resilient Water Resources Development in Southern Africa

The African Water Facility (AWF) and NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) signed on January 31, 2017 in Pretoria, South Africa, a letter of agreement with the Orange Senqu River Basin Commission (ORASECOM) to launch the Climate Resilient Water Resources Investment Strategy and Multipurpose Project Preparation for the Orange-Senqu River Basin, shared by Botswana, Lesotho, Namibia and South Africa. The co-financed project, amounting to about €3.5 million, includes contributions from AWF of about €2 million and $1.2 million from NEPAD-IPPF. The main...
28-Nov-2016

AUC and NEPAD emphasize the importance of NEPAD-IPPF to make infrastructure projects in Africa bankable for investment

The week of November 21-25, 2016, brought together stakeholders from Africa and internationally, as well as from the public and private sector at the African Development Bank (AfDB) headquarters in Abidjan, Côte d’Ivoire, to review progress in the implementation of the Programme for Infrastructure Development in Africa (PIDA), Africa’s flagship infrastructure initiative approved by African Heads of State in January 2012 in Addis, Ababa, Ethiopia. PIDA has a short- to medium-term, as well as a long-term investment plan to build interlinked and interconnected highways, modern railway systems...
28-Nov-2016

Private sector called upon to put a stake in making infrastructure projects in Africa bankable for financing and investment

Public-sector policy-makers, regional development banks, development finance institutions, investors and the private sector met at the Project Finance Roundtable held in Abidjan, Côte d’Ivoire, on November 22, 2016 at the headquarters of the African Development Bank (AfDB). The gathering was part of PIDA Week – the week dedicated to the review of the Programme for Infrastructure Development in Africa (PIDA) – involving a cross-section of stakeholders. During discussions at the Project Finance Roundtable organized by the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF),...
17-Nov-2016

AfDB approves US $3.04-million grant for road and bridge construction feasibility studies in Central Africa

The African Development Bank (AfDB) on Monday, November 1, 2016, approved a US $3.04-million grant to assist the Economic Community of Central African States (ECCAS) to undertake studies for the Kribi-Campo-Bata Multinational Road and Bridge linking Cameroon to Equatorial Guinea. The grant, funded through the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor Special Fund administered by the AfDB, will finance detailed studies and engineering designs for the construction of a bridge over the Ntem River and its access roads linking the Republics of Cameroon and...
17-Nov-2016

NEPAD Infrastructure Project Preparation Facility urges Canadian businesses to seize investment opportunities in Africa

Canadian businesses attending a Business Opportunities Seminar with International Finance Institutions (IFI) held in Toronto, Montreal, Calgary and Vancouver from October 18 to 21 have been urged to compete for AfDB-funded projects and tap into the immense business opportunities available in Africa. The Business Opportunities Seminar is an event aimed at companies, institutions and individual consultants interested in working on projects with the African Development Bank (AfDB); the Asian Development Bank (ADB); the World Bank (WB); the Inter-American Development Bank (IADB); and European...
14-Oct-2016

Studies on Africa’s transport sector highlight opportunities for investment

The Infrastructure Consortium for Africa (ICA) held a one-day workshop at the African Development Bank (AfDB) headquarters in Abidjan, Côte d’Ivoire, to discuss findings of three studies on opening up aviation services, urban transport development, and trade facilitation. The theme of the September 28, 2016 workshop was “ICA: Support to Transport Sector”. The event was attended by Bank officials from the following five departments – the NEPAD Regional Integration and Trade Department, the Corporate Information Management and Methods department, the Transport and ICT Department, the...
26-Sep-2016

Leaders stress support for creating decent employment for youth in Africa

Leaders on Tuesday expressed the need for African countries to urgently embark on programs to create decent job opportunities for the youth on the continent. Speaking in New York in a high-level side event organized by the New Partnership for Africa’s Development (NEPAD) on the sidelines of the United Nations General Assembly, the leaders concurred that lack of decent employment opportunities for African youth was a recipe for disaster and that African governments needed to act quickly avert a crisis in the continent. The NEPAD Planning and Coordinating Agency (NPCA) CEO Ibrahim Mayaki,...
21-Sep-2016

NEPAD Regional Integration and Trade Department to host key stakeholders’ coordination meeting on Abidjan-Lagos and other West African Corridors

NEPAD Regional Integration and Trade Department has convened a two-day meeting on September 27-28, at the African Development Bank (AfDB) headquarters in Abidjan, with development partners, the NEPAD Planning and Coordination Agency (NPCA), the Economic Community of West African States (ECOWAS), government officials and representatives of customs and revenue authorities to discuss a more coordinated approach to the management of West African corridors. The two-day event, jointly organized by the AfDB, ECOWAS, the Accelerating Trade in West Africa (ATWA) project, and the NPCA, seeks to...