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POST-COVID-19: FG approves N50bn for Creative Industry - ITREALMS

ITREALMS :  The Federal Government of Nigeria may have approved the sum of N50 billion for the small holder businesses and the Creative Indu...

Tuesday, April 14, 2020

AUDA-NEPAD, NBF seek COVID-19 synergy from public, private sector - ITREALMS

The NEPAD Business Foundation (NBF) has endorsed the African Union Development Agency-NEPAD’s COVID-19 Response Plan of Action, reports ITREALMS

Arising from a meeting between the two institutions in Johannesburg, South Africa, ITREALMS gathered that the role the Foundation will play is to help in mobilising popularisation of the AUDA-NEPAD COVID-19 Response Plan amongst their stakeholders.

Both entities emphasised the importance of facilitating and coordinating public and private sector anti-COVID-19 interventions and agreed on the synergy that can be created between the two sectors. This will allow for optimal implementation of the AUDA-NEPAD COVID-19 Response Plan.

By joining efforts, AUDA-NEPAD and NBF will reach out to various private sector actors in several thematic fields such as health and pharmaceuticals, agribusiness, manufacturing and logistics, as well as engage financial institutions, start-ups and telecommunications companies.



The AUDA-NEPAD COVID-19 Response Plan makes provision for the private sector to create new partnerships and contribute in the stabilisation of African economies.

Acting on the principle of collective responsibility and the need for Africans to benefit from one other’s experiences and successes, AUDA-NEPAD and NBF will bring on board major private sector actors who have demonstrated goodwill through their actions at national level. They will identify concrete and common support areas that will benefit government and business in other African countries.



To this end, AUDA-NEPAD and NBF have made a ‘call for action’ and invite all stakeholders to contribute to this action in fighting COVID-19.

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