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Financing
Transport for Growth in
Africa
ICA
Meeting from 3-4 December in
Tunis
Tunis
,
November 30, 2007
– The
Infrastructure Consortium for Africa (ICA) will from December 3-4,
2007 organise a meeting on the theme: “Financing Transport for
Growth in Africa”, in
Tunis
.
The
meeting aims at facilitating private sector investment in
transport projects (road, rail, air, maritime and urban), across
the continent requiring financing in the short and medium
term. Some of the projects to be presented by country
sponsors at the meeting include a planned railway between Djibouti
and Ethiopia, a container port at Mohammedia in Morocco, the
Winelands Toll Road in South Africa, Mayumba Port in Gabon, and
the Kazungula Bridge between Botswana and Zambia
The
meeting will also offer an opportunity for participants to share
lessons from successful public-private partnerships (PPPs) in
Africa’s transport sector, as well as key cross-cutting issues
such as cost recovery and maintenance, internal resource
mobilisation, and road safety.
The
meeting will be attended by key decision-makers from project
developers, contractors, operators, banks and transaction
advisors. Representatives of multilateral and bilateral donor
agencies, governments, regional economic communities (RECs), the
African Union Commission and NEPAD will also attend.
Transport
networks contribute to
Africa
’s economic development in a variety of ways, providing
connectivity and mobility between and within countries, connecting
rural areas to markets, and addressing congestion bottlenecks in
cities. To help meet
Africa
’s infrastructure deficit, public
money will be used in different ways to leverage private
participation. Capital mobilisation, including private-sector
capital, is one of the “pillars” of the New Partnership for
Africa
’s Development (NEPAD), the economic revival initiative launched
five years ago by the African Union.
Andrew
Roberts
Secretariat
of the Infrastructure Consortium for Africa
African
Development Bank
BP
323 - 1002 Tunis Belvedere - TUNISIA
Tel:
+ 216 71 10 2399 - Fax: +216 71 10 3788
www.icafrica.org
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