The BADEA 2030 strategy is a comprehensive framework that guides the Arab Bank for Economic Development in Africa (BADEA) in its investment and strategic priorities. It aligns with the United Nations Sustainable Development Goals and the African Union's 2063 Agenda "The Africa We Want".
The strategy is built upon four pillars:
- Infrastructure: BADEA focuses on supporting the development of critical infrastructure across Africa, including transportation, energy, and water. This includes funding for strategic sovereign projects and providing capacity development grants.
- Agricultural Value Chains: The strategy emphasizes promoting the growth and competitiveness of agricultural sectors in Africa. This includes investments in value chain development, agricultural processing, and rural infrastructure.
- Private Sector and Trade: BADEA seeks to foster the growth and development of the private sector in Africa by providing financing, technical assistance, and capacity building. This includes promoting intra-Africa trade, fostering entrepreneurship, and supporting SMEs.
- SMEs and Entrepreneurship Development: BADEA recognizes the importance of SMEs in driving economic growth and job creation in Africa. The strategy supports the development of a robust SME sector through various initiatives, including financing, skills development, and access to markets.
The BADEA 2030 strategy reflects a commitment to supporting sustainable and inclusive economic development in Africa. It emphasizes collaboration and partnerships with various stakeholders, including governments, private sector entities, and other development organizations, to achieve its objectives.
