PIDA Progress Report 2016
The PIDA Implementation Progress Report 2016 is the outcome of collaboration between all PIDA stakeholders who shared information on projects and interventions on the ground and on progress being made.We thank PIDA stakeholders who supplied information on project fiches and progress being made in their implementation.These include the African Union Commission, African Development Bank, Common Market for Eastern and Southern Africa, East Africa Community Secretariat, Secretariat of the Infrastructure Consortium for Africa, Japan International Cooperation Agency, Central Corridor Transit Transport Facilitation Agency, Development Bank of South Africa, Southern African Development Community Secretariat, European Union, Deutsche Gesellschaft für Internationale Zusammenarbeit and the United Nations Economic Commission for Africa.
The lead implementing PIDA agency, the NEPAD Agency, with support from the AUC, AfDB, partners and stakeholders, continues to interact with the private sector. At the same time, it has provided technical support and capacity building to RECs to support PIDA implementation, while providing core administrative support to the programme to ensure its smooth implementation. There was a concerted effort to “crowd-in” private investors to invest in PIDA projects. This was undertaken via the CBN and aimed tode-risk PIDA infrastructure projects. The CBN Report on De-risking Infrastructure and PIDA Projects in Africa mirrors the agency’s drive to de-risk PIDA projects. It was presented at the CBN Dialogue with African pension and sovereign wealth funds, which was held in New York,where the report was also formally launched at Africa-NEPAD Week at the 71st UN General Assembly. This complements NEPAD’s transport and logistics initiative, Move Africa, which wants to transform the African trans-boundary transport and logistics sector. NEPAD also launched the NEPAD RE endeavour, which aims to accelerate the development and implementation of African renewable energy projects.