NEWS / K&M to support development of USTDA and the Alliance for Green Infrastructure in Africa’s green infrastructure project pipeline

K&M to support development of USTDA and the Alliance for Green Infrastructure in Africa’s green infrastructure project pipeline

July 11, 2024

K&M was engaged by the U.S. Trade and Development Agency (USTDA) to aid in the analysis and development of activities that enhance the pipeline development for the Alliance for Green Infrastructure (AGIA) in Africa, a collaboration led by the African Union, the African Development Bank and Africa50, and including several global partners. The mission is centered on identifying and evaluating potential green infrastructure projects for project development.

Collaborative efforts between USTDA and Africa50 aim to expedite Africa’s transition to net-zero by preparing, developing, and financing green infrastructure projects, thereby accelerating and scaling priority climate resilient infrastructure development across the continent.

As part of this initiative, green infrastructure projects will be identified, screened and assessed across diverse sectors such as renewable energy, transport and logistics, water and sanitation, broadband and ICT infrastructure, health, and urban and rural infrastructure. Detailed project reports will be developed for up to 10 discrete green infrastructure projects for funding consideration by members of AGIA’s Project Development pillar, including USTDA and Africa50.

“We’re excited to be working with USTDA and Africa50 on this important initiative”, said Derek Martin, K&M’s Managing Director of Transaction Services. “K&M’s work will identify candidate projects not only align with the strategic objectives of USTDA and AGIA but also significantly contribute to sustainable infrastructure development across Africa, fostering global green growth initiatives.”

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