8th PIDA Week Advances Africa’s Infrastructure Goals

The 8th Programme for Infrastructure Development in Africa (PIDA) Week recently concluded with a resounding commitment to accelerate infrastructure transformation across the continent. Held under the theme “Putting Africa on a Firm Footing for Recovery, Growth, and Resilience Through World-Class Infrastructure,” the event brought together key stakeholders, including government officials, private sector representatives, development partners, and regional economic communities.

Organized by the African Union Development Agency (AUDA-NEPAD) in collaboration with the African Union Commission (AUC) and the African Development Bank (AfDB), the week-long event served as a platform to discuss critical infrastructure projects under PIDA. These projects align with the goals of Agenda 2063, Africa’s blueprint for sustainable development and economic prosperity.

Participants emphasized the importance of infrastructure in driving Africa’s recovery from the COVID-19 pandemic and building resilience against future shocks. Key discussions focused on energy, transport, ICT, and transboundary water projects, which are essential for fostering regional integration, boosting trade, and improving connectivity.

A highlight of the event was the strong call for increased public-private partnerships (PPPs) to mobilize funding for infrastructure development. Stakeholders also stressed the need for innovative financing mechanisms and capacity building to ensure the successful implementation of PIDA projects.

The 8th PIDA Week concluded with a renewed commitment to fast-track infrastructure development as a catalyst for achieving Agenda 2063. By prioritizing world-class infrastructure, Africa aims to enhance its global competitiveness, create jobs, and improve the quality of life for its citizens.

This event underscores the continent’s determination to bridge its infrastructure gap and pave the way for a prosperous and integrated Africa. For more information on PIDA and its initiatives, visit the African Infrastructure Database.

What is pida week?

PIDA Week is Africa’s premier infrastructure development forum, established in 2015 as a flagship continental platform for accelerating infrastructure project implementation. This annual event brings together key stakeholders in African infrastructure development.

KEY FEATURES:

  • Annual gathering of infrastructure leaders
  • Rotating host countries across Africa
  • Focus on PIDA Priority Action Plan projects
  • Investment mobilization platform
  • Policy dialogue forum

MAIN OBJECTIVES:

  • Review implementation progress
  • Accelerate project delivery
  • Mobilize resources
  • Share best practices
  • Foster partnerships
  • Promote regional integration
  • Showcase investment opportunities

PARTICIPANTS:

  • Government Ministers
  • Infrastructure Experts
  • Development Partners
  • Private Investors
  • Project Developers
  • Financial Institutions
  • Regional Organizations

CORE ACTIVITIES:

  • Project Presentations
  • Investment Roundtables
  • Policy Discussions
  • Partnership Agreements
  • Technical Sessions
  • Site Visits
  • Deal-making Forums

 

“H.E. Nardos Bekele-Thomas expressed gratitude to the people and government of Ethiopia for the hospitality extended to her and the delegates throughout their stay in Addis Ababa. She commended the impressive presence of over 20 partners during PIDA Week, including both existing and new partnerships. She expressed optimism that this growing engagement signifies increasing investor interest in PIDA’s projects and the potential for further investment in the future.”

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What do you think?

1 Comment
6 September 2023

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