A call for enhanced public private partnership to boost Africa’s infrastructure

A call for enhanced public private partnership to boost Africas infrastructureThe ‘dark continent’ narrative has changed. Africa is growing. Today, five out of the 20 fastest growing global economies are found in Africa. However, lack of adequate infrastructure is hindering economic growth.

With the view of addressing Africa’s infrastructure challenges, the African Union Commission (AUC) launched Program for Infrastructure Development in Africa (PIDA) in 2012. PIDA is a continental infrastructure development initiative formulated by the AUC in collaboration with its partners the UNECA, NEPAD and the AfDB.

PIDA is a program dedicated to facilitating continental integration through improved regional infrastructure in the areas of transport, energy, transboundary water and ICT. PIDA was approved by the AU assembly during the 18th ordinary session of the AU in Addis Ababa, which was held from January 29-30, 2012.

The AUC launched the PIDA Week in 2015 as a platform to bring together key stakeholders involved in the implementation of the PIDA program, to take stock of the progress and identify ways to continue advance implementation.

The fifth edition of PIDA Week was held in Cairo Egypt from November 25-29 under the theme “Positioning Africa to deliver on Agenda 2063 and economic integration through multi-sectoral approaches to infrastructure development.”

More than 700 key infrastructure players gathered at the Grand Nile Tower Hotel and deliberated on the progress on PIDA program.

The PIDA Priority Action Plan (PIDA-PAP) which extends to 2020 comprises 51 programs and projects divided into 433 projects covering transport, energy, ICT and transboundary water sectors.      

Read more at :- https://africabusinessnetworking.com/a-call-for-enhanced-public-private-partnership-to-boost-africas-infrastructure/