Billions more for infrastructure


Image: African Development Bank Group President, Donald Kaberuka. By WEF
African Development Bank Group President, Donald Kaberuka

ICT development will be a focus area for a new African Development Bank (AfDB) plan to pump around USD10 billion more into African infrastructure.

The AfDB says it plans to nearly double its African infrastructure spending over the next few years.

An African leaders’ meeting held auspices of the 15th African Union Summit held in Uganda during the past week discussed the urgent need to improve infrastructure in Africa.

Power, transport and ICTs were identified as some of the key infrastructure areas needing investment to boost economic growth.

The African Development Bank Group President, Donald Kaberuka, said: “ The magnitude of Africa’ s financing needs for infrastructure is far beyond the public sector’ s capacity, and clearly highlights the opportunities for private sector involvement.”

He added: “ Africa needs to focus its efforts on three areas - energy sector reforms, new generation capacity and the development of regional markets.”

Earlier, the AfDB, NEPAD and the AU officially launched the Programme for Infrastructure Development in Africa (PIDA) on the fringes of the Summit.

PIDA identifies energy, water, ICT and transport as central to the implementation of economic and social development policies.

The programme is in line with infrastructure development, one of the key pillars of the Bank Group’ s 2008-2012 Medium-Term strategy. The Bank’ s approvals of Infrastructure projects reached USD6 billion in 2009, accounting for more than half of all approvals during the year.

The programme’ s overall goal is to promote socio-economic development and reduce poverty in Africa through improved access to integrated regional and continental infrastructure networks and services.

With ICTs hailed as drivers of economic growth and development, the programme lays out plans to identify existing ICT infrastructures, determine future needs and attempt to establish harmonised policy, legal and regulatory frameworks at the regional and continental levels to create an enabling environment that will attract investment and foster the sustainable development of ICT infrastructure in African regional markets.

Share the News

Get Daily Newsletter

comments powered by Disqus


Kenya to issue first exclusively mobile bond

Kenya's Treasury has announced plans to float the first-ever Government Bond that will be offered exclusively via mobile phone. Read More

ITU recognises African Presidents for ICT development

The Presidents of Rwanda, Gabon and Kenya were among nine international heads of state to be officially recognised by the ITU for their efforts to improve access to ICT networks and services. Read More

BotswanaPost has new CEO

Cornelius Ramatlhakwane has been duly apointed as the incoming Chief Executive Officer at BotswanaPost.  Read More

‘E-government will end multiple charges by MDAs’

A practitioner in the information technology (IT) space and Managing Partner, Techsol Professional Service Ltd, Mobolaji Moshood, has said the adoption of electronic or e-government will put an end to multiple charges by the state’s ministries, departments and agencies (MDAs). Read More

Northern Corridor looks to harmonised SIM reg frameworks

The NCIP states of Kenya, Rwanda, South Sudan and Uganda met in Nairobi to consider SIM card registration regulations and the harmonisation of regulations across the region. Read More

IBM makes recommendations on SMART Rwanda

A team of IBM experts has presented recommendations to Rwandan authorities to bolster the country's development. Read More

NBC denies spectrum sale to MTN Nigeria

Regulator of the broadcast sector, the National Broadcasting Commission (NBC) has denied selling spectrum to MTN Nigeria as reported in a few platforms in the country a few days ago. Read More

NCS to Buhari: appoint IT professional as ComTech minister

Information technology (IT) professionals in Nigeria acting under the aegis of the Nigeria Computer Society (NCS) have called on President Muhammadu Buhari to appoint an IT professional as ComTech minister.  Read More

Malawi’s ICT sector reorganised

The Malawi Government is taking a new, collaborative approach to create order in the country’s ICT sector. Read More

SIM deactivation: NCC imposes fines on Etisalat, Glo

Two Nigerian carriers, Globacom and Etisalat, have been slammed with N14.4 million in fines for failing to disconnect unregistered SIMs on their networks. Read More


Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika


Innovative designer takes e-waste to another levelInnovative designer takes e-waste to another level

Gladys Muyenzelwa is a Gaborone based artist and designer who has an eye for ethnic and contemporary design. But unlike other designers, Muyenzelwa has found a way of using e-waste to make her creations. 


High tech homes: Just press playHigh tech homes: Just press play

High tech, digital homes where everything is automated and connected aren’t the stuff of science fiction any longer, says BNC Technology.