| By Aderajew Asfaw |
| Wednesday, 24 April 2013Source: http://www.capitalethiopia.com/index.php?option=com_content&view=article&id=2837:africa-2013-endorses-urgent-action-for-africas-infrastructure-development&catid=54:news&Itemid=27
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The first International Conference and Exhibition on Water Storage and Hydropower Development for Africa entitled “Africa 2013” was held for three consecutive days, from Tuesday to Thursday, at the African Union Commission (AUC).
Ethiopia received accolades for being the leader in water resources development at the conference, which more than 600 participants from about 70 countries from all over the world, attended. As infrastructure plays a key role in economic growth and poverty reduction, and lack of infrastructure leads to increased production and transaction costs, the African Union Commission (AUC), the Secretariat of the New Partnership for Africa’s Development (NEPAD) and the African Development Bank (AfDB) are implementing a Program for Infrastructure Development for Africa (PIDA) initiative to optimize efforts and utilization of resources enabling African stakeholders to converge on a common agenda; infrastructure development.
PIDA will also merge…
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