Over 150 government officials and private-sector stakeholders converged on Abidjan, Ivory Coast, last week to discuss African infrastructure development.
The inaugural Programme for Infrastructure
Development in Africa (PIDA) Week was planned by the African Union, the New
Partnership for Africa’s Development (NEPAD) and the African Development
Bank.
The group aimed to evaluate the work being done on 16 major infrastructure projects across the continent that are seen as crucial in helping African economies work together and thrive.
“Once implemented, the 16 projects are expected to significantly boost Africa’s competitiveness and business climate," NEPAD CEO Ibrahim Mayaki said. “Trade between countries and regional cooperation are of the utmost importance when it comes to building a strong and sustainable African economy. By encouraging regional integration, NEPAD also helps countries to improve their trade links, to better share their resources and to build infrastructure that will form the foundations of vital economic diversification for development.”
The projects are scheduled to be completed by 2025, with five of them already underway: the Abidjan-Lagos corridor; the Dakar- Bamako rail link; two hydroelectric dams, Sambangalou in Guinea and Ruzizi III in Rwanda; and the road from Serenje to Nakonde in Zambia.
The 16 projects are considered the most impactful out of the 400 PIDA Priority Action Plan projects proposed since PIDA was created in 2012.
“A new consensus has taken shape in Abidjan," Mayaki said. "Various workshops with participants from all over the continent have allowed us to validate key steps on the road to developing our 16 projects. African governments, the donor community and international investors are now defining a new paradigm that heralds a new era in Africa’s development based on the financing and construction of infrastructure that will unlock its economic takeoff."
More Stories
- Sierra Leone launches initiative empowering over 2,700 youths across multiple sectors
- South Korean delegation discusses cooperation with President Julius Maada Bio
- Sierra Leone hosts state dinner for Liberian president's official visit
- St Helena celebrates 25 years of GIS Day with new technological advances
- ECOWAS delegation visits Guinea for early warning center launch
- ECOWAS signs academic agreement with Africa Centre for Strategic Studies
- Presidents of Sierra Leone and Liberia discuss strengthening regional cooperation
- ECOWAS reviews SIGMAT implementation to boost trade integration
- Liberian president visits Sierra Leone for official discussions
- ECOWAS Commission engages at COP29 to advance climate action