{"id":17803,"date":"2023-02-02T22:46:06","date_gmt":"2023-02-02T22:46:06","guid":{"rendered":"https:\/\/www.paulkagame.com\/?p=17803"},"modified":"2023-03-16T16:47:28","modified_gmt":"2023-03-16T16:47:28","slug":"2nd-dakar-financing-summit-for-africas-infrastructure-development-dakar-2-february-2023-2","status":"publish","type":"post","link":"https:\/\/paulkagame.rw\/2025\/?p=17803","title":{"rendered":"2nd Dakar Financing Summit for Africa\u2019s Infrastructure Development | Remarks by President Kagame | Dakar, 2 February 2023"},"content":{"rendered":"<div id=\"fb-root\"><\/div>\n<p>Allow me to begin by thanking President Macky Sall for hosting this important meeting, ahead of the African Union Summit, and the AUDA-NEPAD Heads of State and Government Orientation Committee, later this month.<\/p>\n<p>And President, you have pretty much covered most of the things that need to be said. I thank you for your work and commitment.<\/p>\n<p>Let me go on and say I also commend President Cyril Ramaphosa, for his leadership of the Presidential Infrastructure Champion Initiative.<\/p>\n<p>With the implementation of the Program for Infrastructure Development in Africa (PIDA), building world-class infrastructure on our continent is within our reach.<\/p>\n<p>Under the Second PIDA Priority Action Plan, AUDA-NEPAD assists member countries in fast-tracking projects with high social impact.<\/p>\n<p>Over the years, good progress has been made. No doubt about that. But Africa\u2019s infrastructure gap remains significant.<\/p>\n<p>To close this gap for good, mobilizing domestic resources is very critical.<\/p>\n<p>This is why, in 2017, AUDA-NEPAD launched the 5% Agenda on Increasing Institutional Investment in Africa\u2019s Infrastructure.<\/p>\n<p>This summit is an opportunity to add to this funding mix, by partnering with the private sector, to make our infrastructure projects even more bankable.<\/p>\n<p>Having inclusive, reliable, and sustainable infrastructure, is not an end in itself.<\/p>\n<p>For Africa, it means reducing the cost of doing business, boosting regional trade, and becoming more resilient against future shocks.<\/p>\n<p>Ultimately, infrastructure is a means to create prosperity and opportunity for our people.<\/p>\n<p>Since its creation, under the leadership of South Africa, membership of the Presidential Infrastructure Champion Initiative has increased.<\/p>\n<p>This underscores, once again, that building Africa\u2019s infrastructure requires us to work closely together, both as governments, and with the private sector.<\/p>\n<p>In fact, this also helps to operationalize with full capacity the African Continental Free Trade Area.<\/p>\n<p>It is part of our wider vision, as outlined in Agenda 2063, to build a more secure and prosperous Africa for all of us.<\/p>\n<p>Let\u2019s seize this momentum, to make faster progress towards our shared goals. We cannot be satisfied, with business as usual.<\/p>\n<p>I take this opportunity to thank all the partners present, and let\u2019s continue working together and stay the course, for the Africa we want.<\/p>\n<p>Once again, President Macky Sall, thank you for inviting us and hosting us in this beautiful city, Dakar, and Senegal.<\/p>\n<p>I thank you for your kind attention.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Allow me to begin by thanking President Macky Sall for hosting this important meeting, ahead of the African Union Summit, and the AUDA-NEPAD Heads of State and Government Orientation Committee, later this month. And President, you have pretty much covered most of the things that need to be said. I thank you for your work and commitment. Let me go on and say I also commend President Cyril Ramaphosa, for his leadership of the Presidential Infrastructure Champion Initiative. With the&hellip;<\/p>\n","protected":false},"author":3,"featured_media":17804,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-17803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speech","post-has-thumbnail"],"acf":[],"_links":{"self":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts\/17803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17803"}],"version-history":[{"count":2,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts\/17803\/revisions"}],"predecessor-version":[{"id":17806,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/posts\/17803\/revisions\/17806"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=\/wp\/v2\/media\/17804"}],"wp:attachment":[{"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paulkagame.rw\/2025\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}