The NEPAD Agency has signed a Grant Facility Agreement (GFA) with the French Development Agency (AFD), a French public institution. The AFD, a specialised development financial institution, funds sustainable development projects carried by government local authorities, public companies, and the private and associative sectors on five continents – with primacy given to Africa.
The EUR 1,350,000,00 grant is made available to the NEPAD Agency by the European Union Infrastructure Trust Fund (EU-ITF), a European donor coordinated fund, through the AFD, towards the finalisation of feasibility studies and business plans of the terrestrial segment of the AU/NEPAD ICT Broadband Infrastructure Network in West, Central and North Africa.
This project is part of Umojanet, a terrestrial network that will link African countries to their neighbours and will connect to submarine cables, to realise the dream of the cross-border continental AU/NEPAD ICT Broadband Infrastructure Network. This grant completes the initial fund of EUR 850,000 granted by the AFD to the then NEPAD Secretariat to support the initiative.
The grant agreement was signed in February 2012 in South Africa by Dr Ibrahim Assane Mayaki, chief executive officer of NEPAD and Mr Yves Boudot, AFD’s Sub-Saharan Africa department director.
“This is an opportune moment for us both, AFD and NEPAD, to focus on ICT as a crucial element in developing infrastructure in Africa and welcome this support to NPCA as the Development Agency of the African Union,” said Dr Mayaki at the signing of the GFA.
Mr Yves Boudot on his part expressed his satisfaction to proceed with the signature and noted that “as is the case with AFD support to NEPAD ICT continental infrastructure developments, AFD is ready to discuss and widen the scope of collaboration to address other continental infrastructure development challenges.”