The CBN serves as the continental platform between private and public sectors to promote implementation of the Programme for Infrastructure Development in Africa (PIDA). It aims to engage and advance private sector priorities and requirements to invest in regional and cross-border projects. In addition, it acts as an exclusive Infrastructure Investment Advisory platform engaging and interfacing high-level African policy makers and captains of industry, on a range of strategic issues such as procurement, sector policy, investment risk ratings, structuring and the overall promotion of projects.
The focus of this second CBN meeting is on the critical role that the private and public sectors need to play in de-risking PIDA projects.
Since the launch of the CBN, 21 council members spanning from private sector personalities, prominent patrons of the NEPAD agenda, representatives of both Development Finance Institutions and International Development Agencies were nominated to be members of the CBN Council. The CBN Council held its inaugural meeting on 16th October in New York as part of the United Nations Africa Week events.