Amani Abou-Zeid, Commissioner for Infrastructure and Energy at the African Union says Africa needs about 90 billion dollars annually for the next 10 years to bridge its Infrastructure deficit.
“Trade Not Aid” has been the advocacy mantra for African integration in recent times but at the center of achieving this is an efficient infrastructure. Despite Africa’s surplus natural resources, human capital and swift progress in urbanization, poor infrastructure remains a key obstacle to its development. This episode of Africa Trade-lines moves conversations to why Africa must build functional trans-boundary infrastructure for efficient intra-continental trade.
The Abidjan – Lagos Corridor, a subset of the Dakar-Lagos Corridor, is part of the Trans African Highway Network within the ECOWAS region. The new carriageway will connect Nigeria, Benin, Togo, Ghana and Cote d’Ivoire. It supports up to 75% of the trade activities of the sub-region and considered as the spine for multi-modal trade logistics, integrating the region into the world economy and benefiting all Africans.
One of the flagship projects of the African Union’s Agenda 2063 is the Africa high-speed railway integration project.
Source: CNBC Africa
A panel discussion comprising prominent speakers sharing perspectives with the hope of answering the question: How can innovative partnerships bridge financial gaps for economic and social infrastructure? The discussion pivots around infrastructure development, the perception of risk in Africa, financing mechanisms for sustainable infrastructure and the range of opportunities across the continent which address the greatest developmental challenges facing Africa.
Source: Start-Ups TV
NEPAD CEO, Dr Ibrahim Mayaki, delivers a keynote address at the Oxford Africa Conference on the topic of regional integration. He shares his view of Africa today, outlines the transformative role of the youth as political leaders in future policy design processes and contrasts Tunisia and Mali’s experiences in developing their economies. Dr Mayaki singles out leadership as a shared function throughout society and before a robust Q&A session, ends his address by underscoring the importance of development corridors in regional integration and encouraging the youth to innovate towards genuine economic development.
Source: Oxford Africa Conference
The 2017 Africa Finance Corporation (AFC) Live is Africa’s premier infrastructure investment summit, which attracted over 600 leading thinkers from government, academia, business and finance to Lagos in May 2016; fuelling debate on the opportunities and challenges of investing in Africa’s infrastructure. An overview of the summit providing ground-breaking views from speakers engaged in discussions relating to project development best practices, policy and technical outlooks and the role of governments, NEPAD and development finance institutions in bridging the enormous financing gap for the continent.
Source: CNBC Africa
The first ordinary session of the African Union’s Specialized Technical Committee (STC), on transport, transcontinental and interregional infrastructures, energy and tourism which began on 13 March ended on Friday 17 March 2017 in Lomé Togo. The Ministerial segment was opened by Togolese Prime Minister Mr. Komi Sélom KLASSOU. As the host country of this meeting, Togo was elected to head The Specialized Technical Committee for the coming 2 years.
Source: Eco Conscience TV