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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:
AFRICAN DEVELOPMENT BANK GROUP
OUTLINE
BACKGROUND
SCOPE OF ACTIVITIES AND ELIGIBILITY
CHARACTERISTICS OF NEPAD-IPPF
GOVERNANCE AND ADMINISTRATION
ACHIEVEMENTS AND WAY FORWARD
AFRICAN DEVELOPMENT BANK GROUP
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.
AFRICAN DEVELOPMENT BANK GROUP
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
AFRICAN DEVELOPMENT BANK GROUP
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
AFRICAN DEVELOPMENT BANK GROUP
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
AFRICAN DEVELOPMENT BANK GROUP
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
AFRICAN DEVELOPMENT BANK GROUP
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
AFRICAN DEVELOPMENT BANK GROUP
Strategic Context
Infrastructure Need in Africa (according to PIDA)
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
AFRICAN DEVELOPMENT BANK GROUP
Infrastructure Need in Africa (according to PIDA)
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.
AFRICAN DEVELOPMENT BANK GROUP
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