AfDB - African Development Bank Gro

Published purpose

The ultimate aim of the NEPAD-Infrastructure Preparation Facility is to enhance regional economic development and integration through the increased implementation of regional infrastructure projects. The purpose of the New Partnership for Africa's Development-Infrastructure Project Preparation Facility - Phase II (NEPAD IPPF II) is to provide support to Regional Economic Communities (RECs) and their specialized regional institutions (such as the West African Power Pool) for the preparation of 'bankable' infrastructure projects in the energy, transport, and telecommunuications sectors in Africa. 'Bankable' projects are those which have gone through high-quality project preparation processes, which include support for feasibility and engineering studies, environmental impact assessments, structured financing plans, legal analysis and financial transaction plans. NEPAD-IPPF is also working with the RECs to increase their capacities to cooperate in complex public-private partnerships. These efforts help sustain progress towards meeting Africa's infrastructure financing needs.