|Approval Date||17 Dec 2021|
|Signature Date||12 Feb 2022|
|Planned Completion Date||31 Dec 2027|
|Sovereign / Non-Sovereign||Sovereign|
|DAC Sector Code||11330|
The proposed intervention is a Technical Assistance Project designed to facilitate the development and implementation of Programme for Infrastructure Development in Africa (PIDA - PAP 2) priority projects. The proposed investment by the Bank in this project will complement support being provided to the PIDA programme from other Development Partners, notably the European Union (EU) and the German Development Agency (GIZ). The PIDA Implementation Support Project (PISP) will be implemented through a collaborative effort with all active and interested development partners supporting the PIDA programme. Implementation of the PISP will help to accelerate the implementation of Africa’s priority and transformative continental and regional infrastructure projects deepening integration and fostering economic growth. The significant deficit in Africa’s infrastructure leads to increased production and transaction costs, reduced competitiveness of businesses, and negative impact on foreign direct investment flows to the continent and therefore limits the rate of economic and social development on the continent. The total project cost is estimated at UA 5.5 million to be financed by an ADF Grant (UA 5 million) from the Regional Operations envelop, Regional Public Goods (RPG) window, and African Union Development Agency (AUDA NEPAD) counterpart funding (USD 0.5) million. The project is scheduled to be completed over a 48-month period and shall comprise three components (i) Technical Assistance for Implementation of PIDA PAP 2, (ii) Support to Continental PIDA Policy and Strategic Advocacy and, (iii) Program Monitoring & Evaluation.
The project’s development objective is to facilitate and accelerate the implementation of PIDA Priority Action Plan (PIDA PAP 2, 2021 to 2030) by strengthening the technical capacity of AUC, AUDA-NEPAD and RECs, thereby enhancing Africa’s physical and economic integration and socio-economic development. The project seeks to support the advancement to implementation of PIDA PAP 2 projects in all the 5 geographic regions of the continent, in all the four PIDA sectors by 2025.
The immediate beneficiaries of the project will be AUC and AUDA NEPAD and the 8 official RECs recognized by the AU (IGAD, ECCAS, CENSAD, COMESA, EAC, ECOWAS, UMA and SADC) whose capacities to effectively manage the technical work necessary for the PIDA PAP2implementation are expected to be enhanced. Additionally, public sector officials and private sector operators from the RMCs will benefit from the PIDA PAP 2 project components. All recruitment of Technical Assistants and experts will be guided by principles of gender inclusion and equal opportunity. RMCs and their populations will benefit from the improved infrastructure that will result from the efficient implementation of the priority project included in the PIDA programme. All stakeholders to Africa’s development will also benefit from improved and more accessible information on infrastructure and investment opportunities in Africa to inform and improve the quality of their interventions or investments.
African Development Fund
AFRICAN UNION DEVELOPMENT AGENCY NEPAD
|Last Update||03 Dec 2022|
|Name||CARVALHO DE MELO Epifanio|