|
Getting your Trinity Audio player ready...
|
Increasing the rate of infrastructure delivery in Africa implies a greater focus on project preparation and project development as well as specialized financial tools to address specific market challenges.In 2012, African Heads of States in their Declaration on the Program for Infrastructure Development in Africa (PIDA) called for innovative solutions to facilitate and accelerate infrastructure delivery in Africa.
In response, and after broad consultations with African stakeholders, the African Development Bank has proposed the establishment of a new delivery vehicle called Africa50.
Africa50 is an Investment Bank for Infrastructure in Africa that focuses on high-impact national and regional projects in the energy, transport, ICT and water sectors.
