The African Development Bank serves as the legal owner and holder in the trust of the funds, assets, and receipts of the NEPAD-IPPF. The AfDB Board of Directors has a decision-making role in the management of the Fund.
An Oversight Committee (OC) provides general policy direction for NEPAD-IPPF activities. Its main function is to review the operational focus, and the proposed areas of intervention and to ensure consistency with the Fund’s policy thrust. The OC also reviews the annual report of activities financed through the Fund to ensure consistency with the NEPAD mandate and regional integration.
The Oversight Committee comprises seven members, of which three representatives from the contributing donors, two members representing the African Union and the NEPAD Secretariat, and two members representing the AfDB. The Oversight Committee meets semi-annually.
The current OC is chaired by Germany and includes representatives of the UK, Canada, the AUC, AUDA-NEPAD, and the AfDB. The Fund is working with the OC Members to continue to improve engagement with OC Members through several reforms to improve effectiveness; efficiency, procedure, decision-making processes, and communication flow.
The Fund is managed by the Bank’s Infrastructure Partnerships Division (PICU.3) within the Infrastructure and Urban Development Department in the Infrastructure, Private Sector, and Industrialization Complex (PIVP) of the Bank.
