ECA working with African countries to increase investment for infrastructure, energy


The Economic Commission for Africa (ECA) is working with African countries to increase investment in infrastructure and agriculture on the continent.
In a presentation during the ECA’s first quarter Accountability and Programme Performance Review Meeting (APPRM), Habiba Ben Barka, Economic Affairs Officer with the Private Sector Development and Finance Division, said the ECA was working to strengthen the private sector business environment in energy and infrastructure development, and increasing the use of public-private-partnerships (PPPs) as one of the means to scale-up investment in infrastructure, especially in the context of COVID-19.
To achieve this specific outcome, the ECA has identified three key strategic activities which are; supporting a number of member-states to implement infrastructure planning tools, focusing on energy and transport, and apply methodologies developed by ECA for increased private sector participation in road safety; bring more countries to adopt policies that will attract more private sector investment through the use of PPP frameworks and other means for scaling-up infrastructure investment; and foster more engagements between actors in the aviation industry and financial institutions within the context of COVID-19 economic recovery on the continent.