Africa has it all! One Stop Border Post (OSBP) as an Instrument to Trade Facilitation
July 31, 2019
Trade has been a major driver of Africa’s economic growth and receives increasing emphasis in regional and national development plans. Shippers demand high performing corridors that reduce cost and time spent on transport and logistics and increase the reliability and predictability of the corridors. Hence trade facilitation is key to continued trade growth. However, recent studies conducted by World Bank...
Read More
AUDA-NEPAD Tools Supporting Implementation of Infrastructure Projects
July 4, 2019
To effectively support implementation of the Programme for Infrastructure Development in Africa Priority Action Plan (PIDA-PAP), AUDA-NEPAD relies on data generated by project owners, African Union member countries and Regional Economic Communities to monitor progress. Although work has been ongoing to improve the flow of information on regional and continental PIDA projects, challenges remain, in terms of data collection, verification...
Read More
African Governments urged to rethink ICT as a prime and primary sector
June 28, 2019
Better connectivity will also be an important step to increasing the ICT sector’s contribution to Africa’s GDP, which currently stands at just 5%. But government’s investments in ICT are lacking. Symerre Grey-Johnson, Head Regional Integration and Trade Division- AUDA-NEPAD Agency highlights how African governments can finance ICT infrastructure. The highlights were made in an interview with The Guardian during the...
Read More
No real development in Africa without regional integration-NEPAD
June 28, 2019
Since 2005, NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) has approved 76 grants for regional infrastructure projects, crowding in investment financing of over US$ 8.7 billion, thereby directly impacting Africa’s integration and development agenda. Symerre Grey-Johnson, Head Regional Integration and Trade Division- AUDA-NEPAD Agency made the statement during the African Development Bank Annual Meeting under the theme Regional integration’ that were...
Read More
NEPAD IPPF flags funding gap, AUC calls on Member States to mobilize domestic resources to replenish the Special Fund
June 28, 2019
To bridge the financing gap of the NEPAD Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund, concerted efforts will be required to scale up support for domestic resource mobilization by AU Member States, so as to facilitate the physical and economic integration of the continent. That is according to the African Union Director for Infrastructure and Energy, Mr. Cheikh Bedda. The...
Read More
Africa Needs US$188bn to Meet Demand for Power
June 28, 2019
Africa needs a staggering US$188 billion to build modern energy infrastructure and meet the continental demand for power, the main driver of economic emancipation, a recent study has revealed. While Africa seeks alternative energy needs through solar, bio-fuels and other forms, ostensibly to bolster hydro power generation in most African states, there is a need for commitment to develop and...
Read More