AfDB OKs Urban Development Strategy for African Town, Cities

Children at a water point in Pabbo, a city in northern Uganda. The African Development Bank is adopting a new strategy that prioritizes infrastructure, including water and sanitation, governance and private sector development to transform cities and towns in the region into engines of economic and social development. Photo by: Charles Akena / IRIN

The African Development Bank is adopting a new strategy that prioritizes infrastructure, governance and private sector development to transform cities and towns in the region into engines of economic and social development.

Under the strategy, the bank will use infrastructure as its main vehicle for supporting urban development. It will focus on improving infrastructure delivery and the expansion of basic services as well as building capacity for the maintainance of public infrastructure.

In governance, AfDB will focus on strengthening transparency at the municipal level, improving anti-corruption safeguards and building urban planning capacity. Meantime, the bank will support private enterprises and strengthen local financial markets to promote private sector development.

Other priority areas included in the strategy are developing regulatory and legal frameworks to reduce transaction costs and promoting public-private partnerships.

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  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.