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AFRICAN DEVELOPMENT BANK GROUP. NEPAD-INFRASTRUCTURE PROJECT PREPARATION FACILITY. Fostering Infrastructure Development in Africa. Nacala Development Corridor February (2012). Bocar Cisse Senior Financial Analyst, African Development Bank. AFRICAN DEVELOPMENT BANK GROUP. OUTLINE.
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AFRICAN DEVELOPMENT BANK GROUP NEPAD-INFRASTRUCTURE PROJECT PREPARATION FACILITY Fostering Infrastructure Development in Africa Nacala Development Corridor February (2012) Bocar Cisse Senior Financial Analyst, African Development Bank
AFRICAN DEVELOPMENT BANK GROUP OUTLINE
Background • SADC identified this road as one of the strategic intra-regional routes that provide access to centers of economic activity and • link the landlocked countries to ports and harborshe • Most of the strategic roads are part of development corridors identified as pre-requisites to economic development and regional integration
AFRICAN DEVELOPMENT BANK GROUP Description
AFRICAN DEVELOPMENT BANK GROUP Description
Mozammbique Ongoing Activities NACALA ROAD CORRIDOR
AFRICAN DEVELOPMENT BANK GROUP Benefits
AFRICAN DEVELOPMENT BANK GROUP Benefits • provides Malawi and eastern Zambia with a link to the Nacalaport • providing a viable alternative route for the countries’ exports and imports as compared to the Beira, Durban and Dar-es-Salaam routes • facilitate rapid movement of goods and people between the three countries • reducing in-transit times and protect the investment from overloading of heavy goods vehicles
AFRICAN DEVELOPMENT BANK GROUP Status • First phase completed Second Phase ongpoing • Physical Project to be appraised by OITC (Transport 2013)
AFRICAN DEVELOPMENT BANK GROUP THANK YOU MERCI DANK U Contacts Bocar Cisse Senior Fiancial Analyst ONRI African Development Bank Tel : (216) 71 10 2316 b.o.cisse@afdb.org