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
Senegal raised CFA108.79 billion ($195 million) on the regional market but at rising short-term borrowing costs. Its 364-day yield reached 6.79%, 63...
Nigeria’s real GDP grew 4.07% year-on-year in Q4 2025, up from 3.98% in Q3, according to the National Bureau of Statistics. Oil sector growth...
BGFIBank Cameroon raises capital from 20 to 50 billion CFA Move exceeds new CEMAC minimum capital requirement Reform aims to boost resilience, expand...
EIB invested 3.1 billion euros in Africa 2025 About 46% allocated to climate, sustainability projects Funding aligned with EU Global Gateway...
Most Read
01

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
02

Dangote to list $20-25 billion refinery within five months NNPC holds 7.25% stake; dividends...

Dangote Sets IPO Timeline for Its $20B+ Nigerian Refinery, Eyes Retail Investors
03

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
04

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
05

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
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.