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LOD data

OECD - Voluntary contribution to AUC -OECD African Virtual Investment platform

Africa, regional

Status

Closed

Aid type

Contributions to multi-donor/multi-entity funding mechanisms

Africa, regional


Location

-

€ 1,500,000
Committed
€ 1,500,000
Used

Description

The African Virtual Investment Platform (AVIP) is a joint initiative of the OECD and the African Union that aims to support African countries in mobilizing investments to finance the productive transformation necessary to sustain growth and employment.The Platform seeks to improve knowledge about priority economic development projects in Africa, along with related public and private investment needs.The Platform aims to leverage the analytical expertise and capabilities of the OECD and the African Union Commission (AUC) to develop analytical tools, provide technical assistance, and formulate investment attraction policies.The initiative has three main objectives: 1. to collect accurate and harmonized data and information from various sources on investment in Africa, with analysis of current trends, key players, and investment policies, with a focus on the infrastructure sector; 2. to provide technical assistance activities aimed at African statistical agencies and other institutions at national, regional, and continental levels, in order to more effectively gather and analyze economic and political data related to investment and the development of sustainable infrastructure; 3. to promote dialogue among national, regional, and continental institutions on opportunities and policies for sustainable investment, including within the framework of continental programmes such as the African Union's Programme for Infrastructure Development in Africa (PIDA) and the African Green Infrastructure Alliance (AGIA). read more close
Year Committed Used
2025 € 1,500,000 € 1,500,000

Agency

Type Name Channel code
Government AICS - Italian Agency for Cooperation and Development 11000

Channel reported

Type Name Channel code
Multilateral OCSE - ORGANIZZAZIONE PER LA COOPERAZIONE E LO SVILUPPO ECONOMICO 47081

Project data

  • IATI IdentifierXM-DAC-6-4-012877-01-1
  • CRS Activity identifier2025040051
  • AID012877/01/1
  • Planned start 2024/10/24
  • Planned End 2024/12/31
  • Actual start 2025/02/10
  • Actual end 2025/12/02
  • Bi/Multilateral Bilateral
  • Status Closed
  • Tied status Untied

Sectors

  • 25010 - Business policy and administration 100.0%

Policy markers

  • Gender Equality not targeted
  • Disaster Risk Reduction(DRR) not targeted
  • Disability not targeted
  • Nutrition not targeted
  • Aid to Environment not targeted
  • Participatory Development/Good Governance significant objective
  • Trade Development significant objective
  • Aid Targeting the Objectives of the Convention on Biological Diversity not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Mitigation not targeted
  • Aid Targeting the Objectives of the Framework Convention on Climate Change - Adaptation not targeted
  • Aid Targeting the Objectives of the Convention to Combat Desertification not targeted
  • Reproductive, Maternal, Newborn and Child Health (RMNCH) not targeted

SDGs

  • 17.1 - Strengthen domestic resource mobilization, including through international support to developing countries, to improve domestic capacity for tax and other revenue collection
  • 17.19 - By 2030, build on existing initiatives to develop measurements of progress on sustainable development that complement gross domestic product, and support statistical capacity-building in developing countries
  • 17.8 - Fully operationalize the technology bank and science, technology and innovation capacity-building mechanism for least developed countries by 2017 and enhance the use of enabling technology, in particular information and communications technology
  • 17.9 - Enhance international support for implementing effective and targeted capacity-building in developing countries to support national plans to implement all the Sustainable Development Goals, including through North-South, South-South and triangular cooperation
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