PIDA midterm review sparks commitment to action in Africa - Ghana Business News

The recent midterm review of the Programme for Infrastructure Development in Africa (PIDA) has ignited renewed commitment among stakeholders to accelerate infrastructure development across the continent. Held in Abidjan, Côte d'Ivoire, the event highlighted the need for urgent action to enhance connectivity and promote sustainable economic growth.

Participants from various sectors emphasized that robust infrastructure is vital for fostering trade, improving access to services, and ultimately uplifting communities. Despite progress made since PIDA's inception, challenges such as financing gaps, project delays, and regulatory hurdles remain significant barriers.

The review underscored the importance of collaboration between governments, private sectors, and international partners to overcome these challenges. The African Union's Agenda 2063 was cited as a guiding framework to ensure that projects align with broader developmental goals.

As discussions progressed, there was a strong consensus on prioritizing key projects that could deliver immediate benefits while laying a foundation for future growth. Stakeholders expressed optimism that with concerted efforts and innovative solutions, Africa can achieve its ambitious infrastructure aspirations within the designated timeline.