NEPAD-Infrastructure Project Preparation Facility
NEPAD-IPPF is a multi-donor Special Fund hosted by the AfDB, which supports African countries to prepare regional infrastructure projects in energy, transport, ICT and transboundary water. It is currently supported by a number of Donors including Canada, Germany, UK, Spain, Norway and Denmark.
Since its inception in 2005, NEPAD-IPPF has completed 55 grants to prepare regional infrastructure projects resulting to 30 projects which have reached financial closure, mobilizing downstream investment of US 24,1 billion, thus, responding directly to Africa’s integration and development efforts.
Country:
Central African Republic
South Africa
Western SaharaMore info:
NEPAD identified infrastructure as one of the main drivers of economic growth and poverty reduction in Africa and understood that the present state of infrastructure, as well as the gap between Africa and most other regions of the world, constituted a serious handicap to the improvement of African economies’ productivity and competitiveness.
It is in line with this imperative that, IPPF supports the development of regional and continental infrastructure with grants to African governments, Regional Economic Communities (RECs) and African infrastructure-related institutions to prepare:
1. high-quality viable transboundary
2. projects in energy,
3. transboundary water resources,
4. transport and ICT.
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