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Strategies & Market Trends : Africa and its Issues- Why Have We Ignored Africa?

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To: Frank A. Coluccio who wrote (610)12/30/2006 3:35:37 AM
From: Frank A. Coluccio   of 1267
 
EASSy Update: NEPAD Cross-Boarder Infrastructure Projects
Highway Africa News Agency (Grahamstown)
NEWS December 8, 2006 | By Zachary Ochieng | Geneva

The continued delay of the implementation of the East African Submarine Cable System (Eassy) lends credence to allegations that the New Partnership for African Development's (Nepad) cross-border infrastructure projects will never get off the ground smoothly. Eassy, a noble initiative to connect countries of eastern and southern Africa via a high bandwidth fibre optic cable system to the rest of the world, is running several months behind schedule, mired in inexorable controversy. One of the six Information and Communication Technology (ICT) projects presented by the Nepad eAfrica Commission to the 6th meeting of the Nepad Heads of State Implementation Committee in March 2003 in Abuja, Eassy, like other infrastructure projects, has been dogged by squabbles revolving around ownership, management and implementation, some of which, ironically, have been fuelled by Nepad. Granted, projects of this magnitude and complexity entail thorough negotiations before a consensus is reached. But this is exactly where Nepad?s failure began. For instance, the now controversial protocol for the establishment of a Special Purpose Vehicle (SPV) to own and manage the project. With the deadline of signing this protocol fixed at November 30, so far only eleven countries out of the 23 involved in the project have signed the protocol. Continued at: allafrica.com

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