Un accord portant sur une contribution de 18.4 million euros was signed by the African Development Bank and the Kreditanstalt für Wiederaufbau (KfW), the German public bank for investment and development in favor of the NEPAD Infrastructure Project Preparation Financing Facility Special Fund (IPPF-NEPAD)

ACORD brings KfW's contribution to IPPF-NEPAD to $58.14 million. This funding will support the Mechanism's efforts to achieve its main priorities, including the second priority action plan of the Programme for Infrastructure Development in Africa (PIDA-PAP 2) until 2030. According to Mike Salawou, Director of Infrastructure and Urban Development at the African Development Bank style="font-family: "Bookman Old Style”, serif">, “the SP Fund” é Icial IPPF-NEPAD has enjoyed remarkable success è throughout the Style”, serif">& ; ann e, d style="font-family: "Bookman Old Style”, serif"> é showing è significant progress in infrastructure development r é regional in Africa. This replenishment aims to support infrastructure development with an emphasis on areas such as climate change, gender, Agenda 2063, the African Continental Free Trade Area (AfCFTA) and more on achieving the Sustainable Development Goals