In is in this context African Union Commission in collaboration with Republic of Equatorial Guinea, the African Development Bank (AfDB), the African Union Development Agency (AUDA-NEPAD) and the United Economic Commission for Africa (UNECA),have organized the Second Policy Dialogue facilitating implementation of the Programme for Infrastructure Development in Africa (PIDA) that will be held next week in Malabo, Equatorial Guinea under the theme Commitment of the Member States for accelerated development of regional and continental infrastructure.
According to the concept note that was made available to the Guardian reads that the main objective of this policy dialogue is to provide a platform for Member States to create synergies between the different implementing institutions, regional and continental stakeholders.
More specifically, the dialogue aims to sensitize stakeholders on the state of PIDA implementation, on the development process of the next phase of PIDA PAP (2021-2030) in order to have their contributions on this process and more particularly on how to formulate a continental strategy for resource mobilisation for the preparation and implementation of priority projects.
In addition, it will provide a platform to propose a continental strategy on infrastructure development partnerships with non-African organisations and countries. The meeting will provide an opportunity to make concrete proposals and actions that can help in putting particular focus on the maritime transport sub-sector and on the project for unlocking access to rural and remote areas in the continental priorities for the next decade.
“ More specifically, the purpose of the meeting is to update the status of implementation of PIDA projects,Institutionalize a financing strategy for PIDA projects, in particular to define the contribution modalities of Member States to the special fund of NEPAD-IPPF and the PIDA service delivery mechanism (PIDA SDM)” reads the note.
Giving a background it reads that Africa is one of the regions that need to accelerate the development of its infrastructures. In fact, the need for infrastructure elicits consensus among political and economic decision makers.
Adding that Infrastructure in Africa is a subject of major concern within Member States of the African Union. Indeed, water, sanitation, energy, ICT and transport are the driving forces of economic and social development of our continent.
“Obviously, the physical and economic transformation of our continent cannot be achieved without a reliable and quality infrastructure network. As stated in the AU Agenda 2063, establishment of resilient infrastructure is a prerequisite for sustainable development of our economies” it added
According to Several reports of the World Bank (2006, 2014), the African Development Bank (2018), the United Nations Conference for Trade and Development (UNCTAD, 2015) collectively recognized the importance of financing infrastructure on the continent.
In response to this, a number of estimates were used to analyse the infrastructure needs of the continent. Quantification and methods of financial needs assessment vary greatly depending on the objectives.
For example, under the Programme for Infrastructure Development in Africa (PIDA), financial commitments for implementation of the priority action plan projects (2012-2020) are estimated at $ 68 billion, or nearly $ 8 billion per year over a period of 9 years. According to the data collected from the World Bank (2018), infrastructure needs in Africa are estimated at $ 93 billion per year. A considerable amount since it represents between 10% and 12% of GDP of middle-income countries and between 25 and 36% for low income countries.
The Global Infrastructure Outlook (an initiative supported by the G20 ), relies on infrastructure financing needs of $ 174 billion a year for the continent as a whole. The Infrastructure Consortium for Africa (2010), based on its assessment on the same needs, at $ 93 billion a year for the African continent. It was understood that whatever estimates are used, the resources needed are huge for African countries.
Expected outcomes are as follows establishment of national coordination teams of PIDA at national and regional levels, definition of a roadmap for the implementation of PIDA projects at national level 6 V1.4 26.07.2019, Definition of modalities for financial contributions from Member States to the Special Fund of NEPAD IPPF and the PIDA Service Delivery Mechanism (PIDA SDM) and Update of PIDA project sheets by Member States
Others are Promotion of the revised 2010 African Charter on Maritime Transport,valorisation of the maritime sector in the implementation of the PIDA PAP 2,Validation of the strategy for unlocking access to rural and remote areas with basic integrated infrastructure, First recommendations for the Selection Criteria for PIDA PAP 2 and the PIDA Corridor Approach and Finalized and validated Dispute Settlement Mechanism instrument of the Yamoussoukro Decision and the Single African Air Transport Market.
The participants will be representatives of the sectoral ministries of the AU Member States, responsible for infrastructure development and air transport, agencies responsible for promoting infrastructure investments, Regional Economic Communities (RECs), civil society and the private sector, UN agencies, Youth, Women and development partners including key maritime stakeholders.