STRATEGIC PARTNER

AUDA-NEPAD

At the 31st Ordinary Session of the Assembly of African Union Heads of State and Government in Nouakchott, Mauritania, June 2018, a decision was taken to transform the NEPAD Planning and Coordination Agency into the African Union Development Agency-NEPAD (AUDA-NEPAD), a development agency of the African Union. The establishment of AUDA-NEPAD was part of the global reforms geared at improving the Union’s impact and operational efficiency.

The mandate of the Africa Union Development Agency-NEPAD (AUDA-NEPAD) is to:

  • Coordinate and Execute priority regional and continental projects to promote regional integration towards the accelerated realisation of Agenda 2063; and
  • Strengthen capacity of African Union Member States and regional bodies,
  • Advance knowledge-based advisory support,
  • Undertake the full range of resource mobilisation and
  • Serve as the continent’s technical interface with all Africa’s development stakeholders and development partners.

The AUDA-NEPAD mandate gives the organisation a wider role in terms of providing knowledge-based advisory support to AU Member States in the pursuit of their national development priorities.

PROJECTS DEALROOM PARTNER

AfIDA

AfIDA is an association of project developers, investors, DFIs and adviser that seeks to promote better outcomes for energy and infrastructure project development activities in Africa. Our members account for about $ 60 billion invested across the African infra and energy sector (about 1/3rd of all private capital). Our primary focus is to address the persistent investment gap by providing an eco-system for project development, and facilitate constructive dialogue between the public, private and wider stakeholder base. We also run a Catapult Accelerator for project developers of energy and infrastructure to promote better outcomes in speed, scale, and quality of investments. We currently have 17 start-ups raising $ 5.0 billion for their first projects covering energy, telecoms and new-cities. In 2023, AfIDA launched its project development & finance training program, and over 350 executives participated in these events in Cairo, Lagos and Accra.