Development Planning and Coordinating Agency

Islamic Development Bank, NEPAD sign cooperation agreement

The Islamic Development Bank (IDB ) and the New Partnership for Africa's (NEPAD) Development Planning and Coordinating Agency (NPCA) recently signed a memorandum of understanding (MoU) concerning regional integration and cooperation. The MoU also concerned infrastructure, agriculture and food security, education and human capital development, climate change and natural resource management and economic and corporate governance. NEPAD aims to provide technical advisory services coupled with grant and seed funding to assist countries in their development agendas. The challenges to be addressed are access to knowledg, youth employment, sustainable rural development, adequate infrastructure and industrialization.

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