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The Trust Fund on Aid for Trade (AfT) is being set up in response to Africa‟s need for greater inte-gration into global service and production networks, which requires a comprehensive approach in-volving actions at the firm, country and regional levels. The main objective of the Fund is, therefore, to enhance the Bank Group‟s capacity to strengthen African countries' and private sector's ability to integrate into the regional and global trading systems. Specifically, the Trust Fund‟s resources will be critical to implementing the Bank‟s trade work in three ways.
The interventions of the Fund shall focus on the following areas:
The Trust Fund resources will facilitate the mainstreaming of trade into development and the delivery of Aid for Trade into Bank programs. Therefore, within the priority areas outlined above, the AfT TF financed activities will be undertaken in the context of implementing the priority areas identified in the Bank‟s Medium-Term Strategy and will enable leveraging other Bank Group activities.
Particular attention will be paid to gender issues, especially ensuring women‟s equal access to re-sources and capacity building to enhance their participation in trade. As women play a significant role in processing agricultural produce, these interventions will address their participation in the agro-processing initiatives and their access to value addition and linkage to markets. Key gender studies in relevant areas will inform the development of projects.
A pipeline of projects will be developed. However, the activity focus will be achieved through the development of a Business Plan that will ensure greater focus and prioritization of activities to be supported by the TF resources.
In view of the resource requirements and capacity gaps in RMCs, implementation is proposed from June 2011.
The Partnerships and Cooperation Unit (ORRU) shall be responsible for all communications regard-ing the implementation of the Bank‟s obligations and for financial administration of the Grant while the Director, NEPAD, Regional Integration and Trade Department (ONRI) shall be responsible for the implementation of the technical aspects of the facility.
The governance and administrative structure is composed of a coordinator, a technical review com-mittee, and an oversight committee.
• Coordinator: The Aid for Trade trust fund will have a dedicated Coordinator located in ONRI.
• Technical Review Committee (TRC): The Bank‟s other Sector organization units and country of-fices will play an important technical role to ensure expert review of cooperation proposals and monitoring of implementation.
• Oversight committee (OC): composed of representatives of the Bank and contributors to the AfT Trust fund.
Proposals will be reviewed by the different governance structures in accordance with the thresholds of the Bank. The Bank reports to participating donors on a regular basis in line with existing procedures and holds annual donor meetings to review progress and performance.
An estimated USD 20 million will be required over a 4 year period, (2011-15)
Moono Mupotola, Division Manager, NEPAD, Regional Integration and Trade Department (ONRI)
Tel: (216) 7110 2156
Belinda Chesire, Senior Cooperation Officer
Tel: (216) 7110 3611