Monday, September 14, 2026

Namibia to host infrastructure development in Africa week

All is set for the 2017 Program for Infrastructure Development in Africa (PIDA) Week which takes place from 10 to 14 December in Swakopmund, Namibia, on the theme, “Regional infrastructure development for job creation and economic transformation.”
The third edition of PIDA Week is being organized by the African Union Commission (AUC), the NEPAD Planning and Coordinating Agency (NPCA), the African Development Bank (AfDB) and the United Nations Economic Commission for Africa (ECA) in collaboration with the Namibian Government and the Southern African Development Community (SADC).
Adeyinka Adeyemi, Senior Advisor and Head of the Regional Integration and Infrastructure Cluster in the ECA’s Capacity Development Division (CDD), says the main objective of the PIDA Week is to provide a marketing platform for selected PIDA projects to accelerate their implementation.
“For my team in particular, we will focus on the proposed model law on trans-boundary infrastructure development in Africa, which we believe if adopted by the continent will without a doubt facilitate private sector investment and financing in trans-boundary infrastructure enterprises in Africa,” he said.
The proposed Program for Infrastructure Development (PIDA) Model Law for Trans-boundary Infrastructure Projects in Africa will harmonize cross-border regulation of trans-boundary infrastructure projects and promote intra-African trade and open domestic markets to international trade.
Over a five-day period, participants at PIDA Week will discuss how to double and synergize their efforts to accelerate projects preparation and implementation; mobilize adequate financial and technical resources for projects; increase private sector participation in PIDA implementation; and mobilize Member States to integrate the PIDA projects into their national development plans.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Safaricom surpasses 15 million subscribers as it marks five years

Safaricom is marking five years since it received a...

Africa’s economic momentum is building as savings and cross-border trade activity accelerate

Rising savings, increasing cross-border payment activity and growing participation...

Experts urge sovereign AI models tailored to African realities

Researchers and leaders across Africa have been urged to...

Addis Ababa deploys digital monitoring Apps to track urban air quality

The Addis Ababa Transport Bureau has announced the deployment...

BRICS at 20: Diverse Strengths, Shared Growth

By Liu Yuanhui, CGTN The Driver's Cabin What do 20 years...

Ethiopia Boosts Drone Production to Fight Rebels

Ethiopia has been manufacturing drones at two factories since...

Hijacking Pirates Exploit Regional Chaos to Return to Seas off Somalia

The scourge of Somali piracy targeting cargo ships and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img