african development bank group · 2014. 6. 25. · african development bank group the...

6/23/2014

Fostering Infrastructure Development in Africa

AFRICAN DEVELOPMENT BANK GROUP

NEPAD-IPPF Division

NEPAD, Regional Integration and Trade Department

African Development Bank Group

NEPAD-IPPF SPECIAL FUND INAUGURAL MEETING OF PROJECTS

PREPARATION FACILITIES NETWORK? Tunis 17th-

18th June 2014:


OUTLINE

BACKGROUND

SCOPE OF ACTIVITIES AND ELIGIBILITY

CHARACTERISTICS OF NEPAD-IPPF

GOVERNANCE AND ADMINISTRATION

ACHIEVEMENTS AND WAY FORWARD


THE NEPAD-INFRASTRUCTURE PROJECT PREPARATION FACILITY SPECIAL FUND- (NEPAD-IPPF)

PURPOSE: To assist African countries, RECs and Specialized Institutions to prepare high quality, viable regional/continental projects that would be ready to solicit public and private financing To support the creation of an enabling environment for private participation in infrastructure, To support targeted capacity building initiatives to enhance the sustainability of existing and planned infrastructure developed in the continent, in fulfillment of the NEPAD objectives. KEY CHARACTERISTICS: Facility has been seed financed by the Government of Canada in line with Kananaski’s 2002 G20 meeting. The Facility is untied and has been enlarged into a multi-donor facility which includes Canada , Denmark, UK-DFID, Germany, Spain and AfDB. Quick access and disbursement Facility Eligibility: African countries and institutions and PPP promoters Facility is hosted and managed by the ADB.


THE NEPAD-IPPF SPECIAL FUND- SCOPE OF ACTIVITIES

KEY FOCUS AREAS

Project cycle activities-

Studies

Project review Prefeasibility,

feasibility, and detail design studies

Project Structuring

and Packaging

PPP assessment PPP packaging

Transaction Support

Enabling Environment

Support for reforms Harmonisation of

frameworks Facilitation related to

a project

Capacity Building activities

Strengthen the

RECs

For projects’ studies

implementation


EFFICIENT AND INCLUSIVE GOVERNANCE STRUCTURE

ADB BOARD OF GOVERNORS

Approves and amendes the instruments

OC

Donors

Donors

AUC

NPCA ADB

ADB

Donors

An Oversight Committee of 7 members

chaired by Donor representative meets twice a

Year ADB BOARD OF DIRECTORS

•Approves Fund’s Operational

guidelines

•Approaves the Annual Report

OVERSIGHT COMMITTEE

•Determines the strategic orientation

•Approves annual work plan

•Reviews operational orientation

•Advocates for resources

•Advises on key focus areas of

intervention

NEPAD-IPPF SECRETARIAT

•Day-to-Day management of the Funds

•Serves as Secretariat to the OC

•Reports on Activities

•Engage with the beneficiaries and all

stakeholders


QUICK ACCESS AND EFFECTIVE CLIENT RESPONSIVESS

GRANT APPROVAL

CEILING: No

Amount>2,000,000

ADB President

Prior No Objection from the OC

1000,000< Amount<2,000,000

Vice President OIVP

Amount=<USD1000,000

ONRI Director

BENEFICIARIES

• Progress Report; Studies Report; Project Completion Report; Project Audit Report.

NEPAD-IPPF MANAGEMENT

• Work program ; Quaterly Progress Report, Bi-annual Activity Report; Annual Report.

ADB

• Quaterly Financial Report; Annual financial Report; Annual Audit Report .

• OVERSIGHT COMMITTEE/ADB BOARD OF DIRECTORS

REPORTING AND CONTROL

MECHANISMS

FLOOR USD20,000


Portfolio of 63 funded projects (USD 68 m):

26 projects are on-going

34 projects completed out of which: 15 projects reached financial closure for a total amount >6,48

billion USD

2 projects at phase II stage

8 projects yet to reach financial closure

9 are capacity building projects which don’t need financing

3 project cancelled

KEY ACHIVEMENTS IN SUPPORT TO REGIONAL INTEGRATION


Strategic Context

G20 Infrastructure Action Plan

• highlights the importance of regional infrastructure for African growth

• to prioritize project preparation financing, notably the NEPAD Infrastructure Project Preparation Facility

PIDA

• Programme for Infrastructure Development in Africa

• Endorsed at the AU Heads of State Summit in January 2012

• Set regional priority integration infrastructure needs

• IPPF played a key role in preparation and delivery


Strategic Context

Infrastructure Need in Africa (according to PIDA)


• Bankable regional infrastructure remain a high priority for Africa

• PIDA PAP 2012-2020 shows 67bn $ needs on infrastructure spending

• Project preparation costs in Africa average 10-12 % of total project cost

• Regional project preparation need as high as 500 million a year

• Beyond any one facility’s Capacity



IPPF in PIDA implementation

Focus on preparation of PIDA PAP

♦Focus on transformative projects

♦ Increasing grant size

♦ Follow projects to financial close

SBP needs: USD 200 m over 4 yrs

Mobilize funds from African States for replenishment

Seek resources from donors (existing and new)

Cofinancing with other PPFs and Regional development

banks: EIB-ITF, DBSA, EADB, BOAD, EIDB, BDEAC, etc.


THANK YOU

MERCI

THANK YOU

TRAORE Bamory

Division Manager, NEPAD-IPPF

01 BP 1387 ABIDJAN 01

TEL: +225 20 26 22 23

Email: [email protected]

Site web: www.nepad-ippf.org

mailto:[email protected]

african development bank group · 2014. 6. 25. · african development bank group the...

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