In order to develop quality infrastructure in Africa, the African Development Bank (AfDB) and the American Agency for Trade and Development (USTDA) have renewed a memorandum of understanding, extending their strategic partnership Logical for five years.

The agreement between the ADB and USTDA underlines a shared commitment to developing quality infrastructure in Africa by strengthening national procurement systems and aligning them with international best practices, thus leveling the playing field for competition. international. This agreement formalizes the ongoing coordination to build a pool of bankable projects that can benefit from project preparation grants from the U.S. Trade and Development Agency

The renewed Memorandum of Understanding focuses on building public procurement capacity to create transparent and effective systems that support economic growth and sustainable development. An important new element of the partnership focuses on project preparation, underlining the commitment of USTDA and ADB to improving project design and preparation. According to Enoh T. Ebong, director of the U.S. Trade and Development Agency, “the extension of our strategic partnership reaffirms our shared commitment to creating a more sustainable and prosperous future for Africa