fostering infrastructure development in africa
DESCRIPTION
AFRICAN DEVELOPMENT BANK GROUP. NEPAD-INFRASTRUCTURE PROJECT PREPARATION FACILITY. Fostering Infrastructure Development in Africa. NEPAD - IPPF SPECIAL FUND February (2012). Bocar Cisse Senior Financial Analyst, African Development Bank. AFRICAN DEVELOPMENT BANK GROUP. OUTLINE. - PowerPoint PPT PresentationTRANSCRIPT
Fostering Infrastructure Development in Africa
AFRICAN DEVELOPMENT BANK GROUP
Bocar CisseSenior Financial Analyst, African Development
Bank
NEPAD-INFRASTRUCTURE PROJECT PREPARATION FACILITY
NEPAD-IPPF SPECIAL FUND
February (2012)
AFRICAN DEVELOPMENT BANK GROUP
OUTLINE
AFRICAN DEVELOPMENT BANK GROUP
Strategic Context
AFRICAN DEVELOPMENT BANK GROUP
Strategic Context
AFRICAN DEVELOPMENT BANK GROUP
NEPAD-IPPF(History)PURPOSE:
To assist African countries, RECs and institutions to prepare high quality, viable regional/continental infrastructure projects that would be ready to solicit public and private financing
To support the creation of an enabling environment for private & public sector participation in infrastructure, To support targeted capacity building initiatives to enhance the sustainability of existing and planned infrastructure developed in the continent, in fulfillment of the NEPAD objectives.
AFRICAN DEVELOPMENT BANK GROUP
NEPAD-IPPF(History)
KEY CHARACTERISTICS:
Facility has been seed financed by the Government of Canada in line with Kananaski’s G20 meeting decision in 2002.
The Facility is untied and has been enlarged into a multi-donor facility which includes Canada, Denmark, UK (DFID), Germany, Spain and AfDB.
Quick access and disbursement Facility
Eligibity : African countries and institutions and PPP promoters
Sectors: Water, Energy , Transport , and ICT
Facility is managed by the ADB.
AFRICAN DEVELOPMENT BANK GROUP
Achievements to Date
PROJECTS OF THE2012 work programme
AFRICAN DEVELOPMENT BANK GROUP
• Extension of San Pedro Port , Côte d’Ivoire, phase IIPurpose: Detailed designCountries: Côte d’Ivoire and Guinea, Liberia, MaliStatus: Research of co-financiers Total Project Cost: USD 3,21 millionIPPF contribution: around USD 1,5 millionCo-financiers or co-financing need: up to USD 2 million
• NAVISAT project, EgyptPurpose: continuation of a study funded by the AfDB MIC fund. New activities include: •Finalization of detailed business and technical studies;•Finalization of frequency coordination study•Implementation of program management officeCountries: Egypt & the Entire African ContinentStatus: Screening stageTotal Project Cost: USD 2.6 mIPPF contribution: up to USD 1.5 mCo-financiers or co-financing need: USD 1.1 m
Projects in need of Financing Pojects yet to reach financial closure:
• Zambia-Tanzania-Kenya Electricity interconnexion project (EAC)• ECOWAN (ECOWAS)• SATA Backhaul Links (SADC)• COMTEL project (COMESA)
NACALA ROAD CORRIDOR
Mozammbique Ongoing Activities
Ghana Burkina Interconnection
Ghana
AFRICAN DEVELOPMENT BANK GROUP
Tunneling of Fund
IPPF is Promoting the concept of Tunnel of fund
Strategic Decision to Focus on steps 2 to 5 and step 1 to be linked to specific project
TF applied last year to the San Pedro Port Extension
AFRICAN DEVELOPMENT BANK GROUP
THANK YOUTHANK YOU
MERCIMERCI
DADANK UNK U
ContactsBamory TRAORE
Lead, Coordinator NEPAD-IPPFNEPAD, Regional Integration and Trade Department
African Development BankTel : (216) 71 10 22 23Fax : (216) 71 33 26 [email protected]