Review of EU Africa Infrastructure Trust Fund

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Client European Investment Bank (EIB)
Dates 2014
Sector(s)International Infrastructure
Service(s)Review & Evaluation, Strategy & Finance
The EU- Africa Infrastructure Trust Fund (EU-AITF), hosted and managed by the EIB, commissioned CEPA to review the Fund’s approved grant Operations in Sub-Saharan Africa (plus the ACP Indian Ocean states) and produce a report on expected and, where feasible, actual results from the start of EU-AITF operations in 2007 to the end of 2012.

The EU-AITF emerged from the G-8 Summit in 2005, following which the EU Strategy for Africa was launched with infrastructure as a priority. EU-AITF aims to attract and leverage resources and technical expertise to support cross-border infrastructure investments in Sub-Saharan Africa. It does so through a blending mechanism, supporting the Project Financiers Group (PFG) of 12 institutions with international development project expertise.

To date 75 operations have supported 43 infrastructure projects in Africa’s energy, transport, water and ICT sectors, which have been undertaken by different members of the PFG. This means that the development indicators collected for these projects are not consistent, and have not necessarily been submitted to the EU-AITF.

CEPA’s role in this project was to create a format containing the main indicators the EU-AITF prioritise (including number of beneficiaries, number of beneficiaries below the poverty line, impact on CO2 as well as infrastructure specific output and outcome indicators) and completing this for each project. While undertaking this data collection exercise, CEPA interviewed task managers and PFG members to determine how well the EU-AITF met its strategic objectives of supporting regional infrastructure in Sub-Saharan Africa.

The final report was presented to EIB and the financiers at the end of January, 2014.