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
Standard Bank arranged a $250m facility to fund Aradel Energy’s expansion and acquisition plans. The deal allows Aradel to raise its stake in ND...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Cameroon ratifies AfDB loans worth 89 billion CFA francs Funding backs CAP2E youth employment project in the Far North Project targets training, jobs,...
Burkina Faso adopts 2026-2030 Recovery Plan guiding economic and social policy Five-year plan mandated by law, replacing previous national development...
Most Read
01

Except for Tunisia entering the Top 10 at Libya’s expense, and Morocco moving up to sixth ahead of A...

Global Firepower Index 2026: Egypt, Algeria, Nigeria Lead Africa's Military Rankings
02

Circular migration is based on structured, value-added mobility between countries of origin and host...

Circular migration as a lever to turn Africa’s student exodus into value
03

BRVM listed the bonds of the FCTC Sonabhy 8.1% 2025–2031, marking Burkina Faso’s first securitiz...

BRVM Lists Burkina Faso’s First Securitization Fund Bonds
04

CBE introduced CBE Connect in partnership with fintech StarPay. The platform enables cross-border...

Ethiopia’s CBE launches digital platform to channel diaspora remittances
05

President Tinubu approved incentives limited to the Bonga South West oil project. The project tar...

Nigeria approves targeted incentives to speed up Shell’s Bonga South West project
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.