MultinationaL - Upstream project for digital market development in Africa (UP4DMDA)


Project Summary

Approval Date 15 Sep 2022
Planned Completion Date 31 Dec 2026
Last Disbursement Planned Date 30 Dec 2025
Sovereign / Non-Sovereign Sovereign
Sector Communications
DAC Sector Code 22020
Environmental Category 3
Commitment U.A 7,000,000
Status Approved

Project General Description

The proposed project seeks to contribute to the development of Africa’s digital economy, an essential substrate for inclusive, resilient and sustainable growth on the continent. The project will make a substantial contribution to the implementation of the African Continental Free Trade Area (AfCFTA) and Digital Transformation Strategy for Africa (DTS). The latter remain decisive tools available to the continent for recovery, resilience and sustainability of African economies severely impacted by the ongoing COVID-19 pandemic. The project will accelerate Africa’s digital transformation and create a conducive and supportive policy and regulatory environment to boost intra-African digital trade and achieve a common digital market in Africa by 2030. It will contribute to the implementation of digital enablers (universal access to broadband infrastructure, sovereign African cloud, African digital market, etc.), e-commerce and digital trade promotion programmes for Micro, Small, and Medium Enterprises (MSMEs) and Startups. The rationale for the Bank’s involvement in this project is to play a catalytic role and help RMCs unlock their digital transformation potential. The project has an implementation timeline of 45 months, at a cost of UA 7.882 million and targets all the RMCs.

Project Objectives

The overall objective of this project is to strengthen the frameworks (strategic, policy, regulatory and conceptual) and cross-cutting (gender, climate change and resilience) dimensions for the development of Africa’s digital economy. These frameworks are key substrate to guide the establishment of a single digital market across the continent by 2030. Therefore, the project will contribute to the implementation of digital enablers (universal access to broadband infrastructure, sovereign African cloud, African digital market, etc.), e-commerce and digital trade promotion programmes for MSMEs and Startups, and conducive ecosystem for digital trust, skills and African experts’ networks. It will support the implementation of the AfCFTA, which is a key tool available to African economies that have been severely impacted by the ongoing COVID-19 pandemic.

Beneficiaries

The project’s target population is estimated approximately at 1.4 billion people living across Africa. The RMCs have since 1stJanuary 2021 launched a single market that is operational under the auspices of the AfCFTA. This market has a combined gross domestic product (GDP) estimated at US$3.4 trillion and includes a single digital market. The RMCs through the RECs will be the direct beneficiaries of the project. Indirect beneficiaries include public and private entities (Regulatory bodies, Telcos, MNOs, Central/National Banks, MSMEs, Startups, etc.) engaged in the digital transformation agenda of African countries.

Participating Organization

Funding
African Development Fund
Extending
Government
Implementing
COMMISION DE UNION AFRICAINE

Information

IATI identifier 46002-P-Z1-GB0-035
Last Update 05 Dec 2022

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Contact Details

Name OMAR ELMI Samatar
Email s.omarelmi@afdb.org

Geographic Location

Country Multinational