Germany provides €10 million to NEPAD-IPPF to boost Infrastructure Development in Africa.

July 12, 2023 AELEX Admin 0 Comments

The African Development Bank and KfW(link is external), on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), today announced the replenishment of the NEPAD – Infrastructure Project Preparation Facility (NEPAD-IPPF) Special Fund, which aims to boost regional infrastructure in Africa. The German Government will provide €10 million to replenish the Special Fund. The agreement was signed in Berlin by Helmut Gauges, Head of Financial Cooperation in Subsaharan Africa on behalf of KfW, and African Development Bank Vice-President and Chief Financial Officer, Hassatou N’Sele. Read more

Leave a Reply:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.