Representatives of the Asian Development Bank, Asia Infrastructure Investment Bank, and African Development Bank Roundtable later shared cross-border infrastructure project experiences and perspectives on the road ahead. They highlighted the need to tackle connectivity infrastructure gaps to address climate needs, shifting trade patterns, and broader changes in demand. They also noted opportunities to harness private financing, technology, and project preparation via initiatives such as MCDF to help overcome fiscal constraints and ensure projects are efficient, low carbon, and safe.

The roundtable concluded with insights from the Egyptian New and Renewable Energy Authority on energy development and cross-border infrastructure projects. Together, participants considered the need for sustained efforts to enhance transmission and distribution networks; building capacity to meet IFIs’ technical, environmental, and finance requirements; managing regional political instability; and integrating plans for cross-border projects with national infrastructure plans.

During the CC meeting, members were also briefed by MCDF on its recent information-sharing, capacity building, and project preparation activities and offered strategic advice to the MCDF Governance Committee on promoting high-quality, sustainable cross-border infrastructure project investment.