AfDB’s pl plan an IN SUPPORT OF THE NEPAD INFRASTRUCTURE RESULTS PERSPECTIVES CHALLENGES Ini Urua April 11 th 2006 -0-
Infrastructure is Key in AfDB ’s Support to Development More than 1/3 of the Bank’s Approvals in past 5 years, more than USD5bn Multiple Financing Options are Available AfDB approvals 2000 - 2005 Normal Lending Activities (ADB, ADF, NTF) Sectors Amount Percent NEPAD – Infrastructure Project (US$ m) of Total Preparation Facility (NEPAD IPPF) Transport 2,430.75 16.8% Rural Water Supply and Sanitation Water & Sanitation 1,270.65 8.8% Initiative (ADF, RWSSI Trust Fund) Power 1,197.45 8.2% ICT 254.55 1.8% African Water Facility, MDWPP Total infrastructure 5,153.40 35.6% Post-Conflict Country Facility Other sectors 9,318.45 64.4% Total approved 14,471.85 100,0% EPSA (JBIC) (FAPA, ACFA) -1-
AfDB is the “Lead Agency” for NEPAD Infrastructure Broad Bank support to the NEPAD Infrastructure Program Prepared the Infrastructure Short-Term Action Plan Programmes Financed & prepared the Medium to Long Term Strategic Framework (MLTSF) Manages the NEPAD-Infrastructure Project Preparation Facility (NEPAD IPPF) Assists in STAP implementation with dedicated team of experts Expertise Allocates ~US$2m yearly from Admin Budget for NEPAD related activities Seconded long term consultant to reinforce capacity of NEPAD Secretariat Capacity Building Develops and finances programs and studies to reinforce capacity of RECs Organises and Finances key technical meetings and workshops Hosts the Secretariat of Infrastructure Consortium for Africa Coordination 2002 – 2005: financed 24 NEPAD infrastructure projects and studies totalling Financial Support USD 629 million, mobilised more than USD 1.6 billion in co-financing 12 projects 2006: > USD 500 m under consideration in lending programme -2-
Growing Commitment to Finance Multinational Projects Further Acceleration Expected in 2006 in Support to ICA’s Objectives Cumulative Financing of Multinational Projects 99-06e Cumulative Financing of Multinational Projects 99-06e (Nr of projects approved) (Amount approved in USD m) Nr. US$ m 900 40 834 35 800 35 700 30 13 new projects …worth USD expected in 2006 … 600 523 m 25 22 500 20 18 400 311 14 15 300 203 9 193 10 200 6 5 86 79 80 5 100 0 0 0 0 99 00 01 02 03 04 05 06e 99 00 01 02 03 04 05 06e Source: AfDB Data Warehouse; AfDB’s OCIN+ONIN project pipeline 2006; ; using 1UA=1.46 USD -3-
Bank’s Actions Limited By Resource Availability For 2006, 13 Projects valued at USD523m under consideration for financing but ….. ADF X Multinational resources limited to USD774m (eqv) for 2006-8 Multinational Resources under ADF-X (06-08) Eq. 900 USD 618 774 800 700 600 For 2006- 500 2008 400 300 200 156 100 0 Already Available Total Committed There is therefore the need for effective collaboration in financing of projects and for other Donors to Contribute to Financing -4-
STAP projects Under Consideration for Bank Group Financing in 2006 Projects (USD million) 1 Mauritania/Senegal: Senegal River at Rosso Bridge Study 2.90 2 Cameroon-Chad-Central Africa: Transport Facilitation program -Phase I 70.00 3 DRC: Inga Hydro Electricity and Associated Interconnections Study 13.60 4 Guinée-Guinée Bissau - Boké- Québo Road 30.00 5 Ghana/Togo/Benin Electricity Interconnection Project 35.70 6 Labé-Sériba-Médina Gounass Road Project 51.90 7 Nigeria-Cameroon: Enugu-Abakaliki-Mamfe Road Project 106.50 8 SADC Integrated Water Resources Management Project 13.40 9 Kenya- Uganda Road Project 71.50 10 East Africa Trade and transport Facilitation Project 9.30 11 Zambia - Botswana Bridge Study 3.60 12 Mozambique - Malawi Electricity Interconnection Project 28.60 13 Tanzania/Kenya: Arusha-Namanga -Athi River Road Project 85.80 Total 522.70 -5-
THANK YOU FOR YOU ATTENTION MERCI -6-
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