The government of South Africa will spend billions of rands over the coming years on new infrastructure and deliver on NEPAD's regional integration agenda.
In order to enhance efficiency and port capacity, shipping industry of Africa needs to erase out the current outdated, inefficient ports thereby driving in the need of foreign private sector participation, reports Namrata More.
African Heads of State on Monday endorsed the launch of the Programme for Infrastructure Development in Africa (PIDA), a multi-billion dollar initiative that will run through 2040.
NEPAD Infrastructure Project Preparation Facility (NEPAD- IPPF) gets shortlisted as the Regional Infrastructure Investment Initiative of the Year in the 2011 Africa investor Infrastructure Investment Awards.
Objectives of the forum will be to contribute to the establishment of a coordinated, structured and coherent framework for dealing with Internet Governance issues in the SADC region.
Experts on infrastructure and market access urged research organizations including FARA among others, to engage in evidence-based infrastructure and trade-related market access research to support rural development in Africa.
The public and private sector in SA needs to make the investment environment attractive for investors so they can bring liquidity into local markets, says Johan Greyling, Africa infrastructure and projects director at audit firm KPMG.
President Abdoulaye Wade has announced the resumption of the first phase of the trans-continental Dakar-Djibouti railway project, which falls within the framework of NEPAD.
"We have done enough planning in the continent ... it's either we (leave) things as they are...or we do something about infrastructure in order to develop like others," Zuma said at a NEPAD Infrastructure Experts meeting in Pretoria on Friday.