NEPAD-IPPF Advances Africa's Infrastructure Agenda Amid Growing Demand

|Strategies|16 January 2025

Bridge, Photo by Levi Frey on UnsplashThe NEPAD-Infrastructure Project Preparation Facility (NEPAD-IPPF), a multi-donor special fund hosted by the African Development Bank, recently convened its 39th Oversight Committee Meeting. The virtual gathering brought together over thirty institutions, including donors, partners, Regional Economic Communities (RECs), and implementing agencies.

The meeting underscored NEPAD-IPPF's pivotal role in supporting Africa's continental infrastructure agenda, particularly in light of the African Development Bank's Ten-Year Strategy (2024-2033) and the Program for Infrastructure Development in Africa Priority Action Plan 2 (PIDA PAP2).

Key Highlights from the Meeting

African Development Bank Vice President for the Private Sector, Infrastructure and Industrialization, Solomon Quaynor, emphasized the importance of mobilizing funds through project preparation facilities like NEPAD-IPPF. This is crucial for meeting the growing demand for project preparation under PIDA PAP2. Quaynor highlighted the critical roles of both the NEPAD-IPPF Special Fund and the PIDA Service D

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