NEPAD

25-Aug-2016

Q&A with Shem Simuyemba, Division Manager, NEPAD Infrastructure Project Preparation Facility

Why is NEPAD-IPPF a critical instrument to bridge Africa’s infrastructure financing gap? NEPAD Infrastructure Project Preparation Facility, NEPAD-IPPF, was established in response to a call of the G8 countries in Kananaskis, Canada, to address one of the weaknesses of infrastructure development in Africa: the lack of investment-ready, viable projects. NEPAD-IPPF is a multi-donor Special Fund hosted by the African Development Bank (AfDB), which supports African countries, to prepare regional infrastructure projects in energy, transport, ICT and transboundary water to make them bankable for...
25-Aug-2016

NEPAD-IPPF strengthens capacity to improve stock of well-prepared bankable infrastructure projects

The NEPAD Infrastructure Project Preparation Facility, NEPAD-IPPF, has concluded a two-day workshop that brought together over 20 staff members, representatives from the African Development Bank’s Departments of Transport, ICT, Energy, Environment and Climate Change, Resources Mobilisation and External Finance.  The two-day seminar, held in Abidjan, was also attended by other AfDB Infrastructure Specialists in energy from field offices covering Zambia, Mozambique, Rwanda and Angola, and was aimed at defining modalities for improved delivery aligned to the new NEPAD-IPPF Strategic...
19-Jul-2016

Transform agriculture into a wealth creation sector, AfDB President Akinwumi Adesina urges

The issue of Africa’s industrialization was the focus of the 35th Session of the NEPAD Heads of State and Government Orientation Committee that met in Kigali, Rwanda, in the context of the African Union Summit. At the July 16, 2016 event, the leaders deliberated on the importance of intensifying industrialization and scaling up the continent’s electrification programs. They urged the New Partnership for Africa’s Development to work with regional trading blocs to achieve industrialization for sustainable development. Representing Rwanda’s President, Foreign Minister Louise Mushikiwabo...
16-Jun-2016

Clôture de la table ronde sur les mesures non tarifaires au sein de la CEDEAO : vers une dynamique de coopération accrue pour faciliter l’intégration commerciale dans la région

Les travaux de la table ronde régionale sur les obstacles liés aux mesures non tarifaires, organisée par la Banque africaine de développement (BAD) et le Centre du commerce international (ITC par acronyme anglais), en étroite collaboration avec le ministère du Commerce de la Côte d’Ivoire, ont pris fin, ce 15 juin 2016 à Abidjan. Ils ont débouché sur des recommandations en faveur du renforcement de la coopération entre les pays membres de la Communauté économique des États de l’Afrique de l’Ouest (CEDEAO), en matière d’échange d’expertises et de dissémination de bonnes pratiques notamment,...
14-Jun-2016

ECOWAS urged to strengthen regional integration by reducing non-tariff barriers to trade

Trade experts have called on member countries of the Economic Community of West African States (ECOWAS) to step up efforts to minimise burdens that non-tariff measures (NTMs) place on businesses in the region. At a June 14-15, 2016 meeting in Côte d’Ivoire’s economic capital, Abidjan, the experts highlighted that countries needed to diversify and increase their portfolio of exports, set up trade obstacle alert mechanisms, and standardise technical and regulatory requirements. The event, organised by the International Trade Centre (ITC) and the African Development Bank (AfDB) had a...
13-Jun-2016

ITC, AfDB to hold roundtable on non-tariff measures affecting regional trade in ECOWAS

Representatives from trade ministries of the Economic Community of West African States (ECOWAS), the International Trade Centre (ITC), and other trade, customs and regional organizations will meet  in Abidjan on 14 and 15 June to discuss ways of removing regulatory and procedural non-tariff’ obstacles to regional trade. The roundtable, co-organized by the African Development Bank and ITC, will be attended by Jean-Louis Billon, Côte d’Ivoire’s Minister for Commerce; Aicha Pouye, ITC’s Director of Business and Institutional Support, and delegates from the 15 ECOWAS countries. ITC...
26-May-2016

Q&A Moono Mupotola, Director of NEPAD, Regional Integration and Trade at the AfDB

1.  What is the status of the New Deal on Energy for Africa and how can it serve Africa’s regional integration purpose? Energy is one of the most essential requirements for Africa’s development. The cost of delayed full electrification of the continent is increasing as time goes by. The African Development Bank has therefore made “Light up and Power Africa” the first of the five pillars of its High5 vision. The New Deal on Energy for Africa is an ambitious programme that seeks to achieve universal access for Africa by 2025. Its strategy is built around the achievement of four targets...
23-May-2016

AfDB and the West Africa Power Pool sign US $1.9 million grant for Nigeria-Benin Interconnector Reinforcement Project

The West Africa Power Pool, a Specialized Institution of the Economic Community of West African States (ECOWAS), and the African Development Bank signed a grant agreement on Monday, May 23, 2016 worth US $1,992,721 to support the Nigeria-Benin Interconnector Reinforcement Project. The grant will help the construction of a 330 kV double circuit high voltage transmission line from Erukan (Nigeria) to Sakete (Benin) and help meet the needs of the ECOWAS region in suppling reliable electricity supply at affordable cost. AfDB Acting Vice-President, Operations, in charge of Infrastructure,...
03-Feb-2016

AfDB hosts expert group meeting on Continental Free Trade Area

The African Development Bank is hosting a two-day Expert Group Meeting from February 2-3, 2016, in Abidjan. The meeting – which attracted stakeholders and experts, including the Regional Economic Communities, academics, and research-based institutions – has been organized by the Bank, in collaboration with the African Union (AU) and the United Nations Economic Commission for Africa (ECA). It is part of a series of preparatory activities for the formal launch of the Continental Free Trade Area (CFTA) Negotiations, under the guidance of the AU. The CFTA Road Map has 2017 as the...
21-Jan-2016

AfDB President shares his vision for the Bank and the continent at 26th African Union Summit in Addis Ababa

The 26th African Union Summit was an opportunity for African Development Bank President Akinwumi Adesina to share his vision for the Bank and the continent in the coming years.  AfDB’s overarching goal for its participation in the 26th AU Summit, which took place in Addis Ababa, Ethiopia, from January 21-31, 2016, on the theme “African Year of Human Rights with particular focus on Women Rights”, was to position the Bank as a key player by leveraging resources to support the African countries in the implementation of Agenda 2063. The AfDB President also sought to broaden the...
17-Dec-2015

Donors welcome improved performance of NEPAD-IPPF in project preparation

Donors supporting the New Partnership for Africa’s Development Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor funded Special Fund hosted by the African Development Bank (AfDB), have welcomed the improved performance of NEPAD-IPPF. Speaking on behalf of other donors at the 23rd Oversight Committee (OC) of the Special Fund held at the AfDB’s headquarters in Abidjan, Côte d’Ivoire, on Thursday, December 10, 2015, Edmond Wega of Canada, who is Chairman of the OC, commended the new Management and staff of NEPAD-IPPF for improved performance. Donor partners...
10-Dec-2015

Lighting up Africa requires coordination in energy initiatives

The mushrooming of energy initiatives in Africa is a welcome development, but there is need for coordination of these initiatives to ensure their success, African Development Bank’s (AfDB) Kurt Lonsway has said. Lonsway, Manager of the Environment and Climate Change Division at the AfDB, which hosts the Sustainable Energy for All (SE4ALL) Africa Hub, added that coordination is crucial in these energy initiatives in order to avoid duplication. He said a multitude of initiatives with similar objectives increases the risks related to duplication of efforts and uncoordinated implementation...
08-Dec-2015

Can Africa’s regional flagship programmes change the continent’s development narrative?

“If we want Africa to achieve land degradation neutrality by 2030, if Africa must transform its agriculture and drive its development priorities to acceptable levels, then we have to take the regional flagship programmes outlined by New Partnership for Africa’s Development (NEPAD) and partners very seriously,” cautioned Estherine Fotabong, Director of Programmes for the NEPAD Agency, as she opened a panel discussion on Africa’s Green Growth Strategies at a COP21 side event on Saturday, December 5 in Paris. The programme, she said, underscored the political commitment for the promotion of...
02-Dec-2015

Project Preparation Facilities network wants closer ties to enhance co-financing

Representatives of 14th Project Preparation Facilities (PPFs) who are members of the Project Preparation Facilities Network (PPFN) met at the African Development Bank (AfDB) headquarters in Abidjan, Côte d’Ivoire, on November 16, 2015 at the annual meetings of the Infrastructure Consortium for Africa (ICA). The PPFN forum sought to discuss the ICA’s report on “Project Preparation Facilities Best Practices”. It was co-chaired by Shem Simuyemba, Manager, NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF), and Bruce Mead, Deputy Technical Director of the Climate Resilient...
02-Dec-2015

New business approach of linking project preparation to financing approved

Stakeholders from the African Union Commission (AUC), the New Partnership for Africa’s Development (NEPAD), Regional Economic Communities, Project Preparation Facilities, and development partners, met recently to validate NEPAD Infrastructure Project Preparation Facility’s (NEPAD-IPPF) Strategic Business Plan. The November 18, 2015 validation workshop took place at the African Development Bank (AfDB) headquarters in Abidjan, Côte d’Ivoire. NEPAD-IPPF is hosted by the Bank. Its operations are guided by Strategic Business Plans (SBPs) which cover a five-year period. The current SBP (2011-...
17-Nov-2015

Infrastructure able to create jobs for Africa’s youth, panel hears

On Day 3 of the first-ever Programme for Infrastructure Development in Africa (PIDA) Week  at the African Development Bank headquarters in Abidjan,  the session on “PIDA Creating Jobs for Africa’s Youth” ended with one message: that the time to resolve unemployment in Africa is now. The panel, which took place on Sunday, November 15, highlighted how infrastructure development could be implemented in a way that creates job opportunities for Africa’s growing youth. “What kind of infrastructure innovations do we need to build in order to create the right policies that ensure...
16-Nov-2015

Innovative financing initiatives to transform the African energy sector presented at PIDA Week

On Sunday, November 15, 2015, best practices and innovative financing initiatives were presented and discussed during the session of the third day of the  first-ever Programme for Infrastructure Development in Africa (PIDA) Week, hosted at African Development Bank (AfDB) headquarters in Abidjan. The session “Innovative Funding Initiatives for the Power Sector in Africa”, chaired by Ibrahima Thiam, former President of the ECOWAS Regional Electricity Regulatory Authority (ERERA), focused on recent best practices of innovative financing initiatives and implementation of projects...
15-Nov-2015

Infrastructure, a catalyst for Africa’s development

The first-ever Programme for Infrastructure Development in Africa (PIDA) Week opened on Friday, November 13 in Abidjan, with the African Development Bank (AfDB) reiterating its commitment to supporting efforts seeking to address the continent's infrastructure needs. Moono Mupotola, AfDB's Director for NEPAD, Regional Integration and Trade, said implementation of the PIDA Priority Action Plan (PAP) projects, which PIDA Week will examine, will have a direct impact on the Bank's ability to deliver on its five new focus areas. Under the new AfDB President, those priorities are to Light up and...
25-Sep-2015

Cooperating partners call for strengthened and strategic collaboration in the preparation of NEPAD infrastructure projects

Cooperating partners who provide financial support to the New Partnership for Africa's Development (NEPAD) Infrastructure Project Preparation Facility (NEPAD-IPPF) hosted by the African Development Bank (AfDB) have called for enhanced partnerships in strengthening the capacity of NEPAD-IPPF to increase the Facility’s scope to prepare infrastructure projects for financing and implementation. This was at the Special Oversight Committee (OC) meeting of the NEPAD-IPPF on Wednesday, September 16 in Abidjan. Edmond Wega from Canada’s Department of Foreign Affairs and Trade (DFATD) who is the...
15-Jun-2015

Donald Kaberuka receives Special Valedictory Recognition for AfDB’s support to NEPAD

The African Development Bank Group President, Donald Kaberuka received a special Valedictory Recognition at the 33rd NEPAD* Heads of State and Government (HSGOC) orientation meeting on Saturday, 13 June 2015, at the Sandton Convention Centre in South Africa. Presenting a commemorative plaque to Mr. Kaberuka, the NEPAD HSGOC Chair and President of Senegal, Macky Sall, recognized “the effective collaboration and constant support of Dr. Donald Kaberuka at the head of the African Development Group (AfDB) during the past ten years.” He also underscored the achievements made by NEPAD in...