Public Management

Urban Development Fund Boosts 14 African Municipalities

In 2024 Nouakchott, the capital of Mauritania, will receive support for preparation of a project to develop and protect its coastline. In 2024 Nouakchott, the capital of Mauritania, will receive support for preparation of a project to develop and protect its coastline.
Monday, 25 March 2024 11:24

The Technical Committee of the African Development Bank (AfDB) Group met on 18 March 2024 in Abidjan and approved the new work programme for 2024. The committee, responsible for monitoring the work of the AfDB’s Urban and Municipal Development Fund (UMDF), allocated a total of US$4.5 million to support projects in 14 African municipalities and local authorities.

The first part of the programme, totalling some $500,000, will be centred on improving the quality of urban governance. The Fund will launch a capacity-building and consulting programme to improve municipal finances and solvency in six large pilot cities in Africa - Nairobi, Dakar, Abidjan, Addis Ababa, Kigali and Lagos. The aim is to maintain the support programme for municipalities and help them identify and access new sources of public and private finance.

The second part of the programme will target urban planning and will receive funding of $900,000. The money will be spent to extend the African Cities Programme to six new cities in addition to 13 already benefiting. This programme involves the design of effective urban action plans and identifying priority investment projects worthy of support from donors including the African Development Bank.

Finally, the Fund will release $2.8 million for the third part of the programme aimed at accelerating the upgrade of urban infrastructure across various fronts. The money will finance preliminary studies for projects (feasibility studies in some cases and detailed technical studies in others). Water-related projects will also play a key role in view of the urgent need to improve resilience of cities and their ability to adapt to climate change. Such projects include sewerage and water drainage in Maroua (Cameroon), sewerage networks in Accra (Ghana), drinking water treatment in the Cairo region (Egypt), coastal works in Nouakchott (Mauritania) and climate-resilient infrastructure planning in Cape Town (South Africa).

The Fund’s support programme for project preparation will also extend to public transport, financing studies to develop the bus network in Addis Ababa (Ethiopia) and railway services in Lagos (Nigeria).

"These projects have been selected because of their potential impact, their ability to change the daily lives of millions of African citizens living in urban areas, but also because of their inclusive dimension and the benefits they bring for combating and adapting to climate change," said Mike Salawou, Director of the Infrastructure and Urban Development Department at the AfDB. Mr Salawou also chairs the Technical Committee.

Launched in 2019, the Urban and Municipal Development Fund acts as facilitator and accelerator of infrastructure projects, promoting a comprehensive approach that fosters synergies between sectors, building capacity of local stakeholders and encouraging dialogue with public and private donors.

1982 agency

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Cameroon to tax foreign online platforms from Jan. 1, 2026 Non-resident firms face 3% minimum levy or 30% corporate tax Reform targets...
Partnership targets financing, financial inclusion, business formalization Pilot formalized 343 firms; nationwide programme targets 5,000...
Nigeria stock market posts record 36.6 trillion naira capitalisation gain in 2025 All-Share Index jumps 51%, driven by earnings, dividends, FX...
Egypt receives $3.5 billion initial payment from Qatar-backed coastal project Deal targets Mediterranean real estate and tourism...
Most Read
01

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
02

Creditinfo licensed to operate credit bureau across six CEMAC countries Bureau to collect b...

CEMAC Bloc Clears Way for Private Credit Bureau: New Implications for Regional Lending
03

Togo passes new law tightening anti-money laundering and terrorism financing rules Legislat...

Togo Overhauls Anti-Money Laundering Rules to Meet Global Standards
04

Nigeria confirms tax reform takes effect Jan. 1, 2026 despite opposition PDP alleges illegal inse...

Nigeria’s Tax Overhaul Set to Take Effect Amid Fury Over ‘Illegal’ Changes
05

Partnership targets priority projects, startup support and skills training Deal aligns with...

Gabon Signs MoU With Huawei on Digital Economy Push
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.