Leaders and stakeholders emphasize resilience, digital connectivity, and regional trade for sustainable growth.
ADDIS ABABA, Ethiopia (BG) – The Programme for Infrastructure Development in Africa (PIDA) Week 2024 continued in Addis Ababa on Wednesday, addressing Africa’s critical infrastructure challenges and exploring transformative solutions to drive sustainable growth and regional integration.
The event, organized by the African Union (AU), the African Union Development Agency (AUDA-NEPAD), and the African Development Bank (AfDB), aims to bridge Africa’s infrastructure deficit and enhance integration under the continent’s long-term vision, Agenda 2063, and the African Continental Free Trade Area (AfCFTA).
Building Resilience Amid Climate Challenges
A key session examined the risks climate change poses to Africa’s transboundary infrastructure.
Experts discussed actionable strategies to safeguard critical trade corridors, including the establishment of a potential community of practice for collaborative problem-solving.
“The ultimate purpose of PIDA goes beyond building roads and power grids. Its true value is in transforming lives, enabling opportunities, and inspiring hope across Africa,” said Nardos Bekele-Thomas, Chief Executive Officer of AUDA-NEPAD.
Advancing Digital Connectivity
Another highlight was the focus on expanding cross-border digital infrastructure.
PIDA’s pivotal role in accelerating digital connectivity through public-private partnerships, innovative funding mechanisms, and harmonized regulatory frameworks was showcased.
These efforts align with the broader agenda of increasing regional trade and ensuring that Africa’s growing digital economy is well-integrated across borders.
Transport Infrastructure for Regional Trade
Transport projects like the Ethiopia Rail (LAPSSET Corridor), the Cameroon-Chad Railway, and the Comoros Maritime Connectivity were spotlighted as essential to unlocking Africa’s trade potential.
Advanced tools like the ARTCOMS system were emphasized for corridor management and sustainability.
Such initiatives demonstrate PIDA’s commitment to advancing Africa’s interconnectedness by creating efficient and reliable transport links.
Powering Africa’s Future
High-level discussions on AU-EU partnerships partnerships under the African Single Electricity Market (AfSEM) and the Continental Master Plan (CMP).
Stakeholders examined how to address Africa’s $1.3 trillion investment requirement to achieve universal energy access by 2040.
“Infrastructure is the backbone of Africa’s economic transformation. We call on investors to partner with us in unlocking the continent’s immense potential. Together, we can build the resilient, sustainable Africa we all envision,” Nardos urged during the session.
The day also featured deliberations on AU-EU partnerships, with participants identifying opportunities for collaboration in energy transition and sustainable development across the continent.
As PIDA Week 2024 continues, stakeholders reaffirm the crucial role of infrastructure in achieving Africa’s development aspirations and empowering its people to thrive.