United Nations transport and communication decade in Africa, 1978-1988 : co-financing meeting for projects in east African transport corridors

Abstract

The objective of the co-financing meeting is to provide a suitable forum for the African countries concerned to jointly present their national projects, in the context of the transit corridors, for consideration by the financial institutions and donor agencies. The joint presentation would help to highlight the importance of national projects which may act as bottlenecks, but might not be recognized as such when considered in isolation. Co-financing has been proposed as the appropriate mechanism for mobilizing financing for the decade projects at this stage of implementation. The co-financing concept is here defined simply as an arrangement to obtain financing for a project from more than one financing source.