Assembly/AU/Dec.685(XXX) Page 2 7. RECALLS the Decisions Assembly/AU/Dec.488 (XXI) and Assembly/AU/Dec.508(XXII) and NOTES WITH SATISFACTION the NEPAD Agency’s 5% Agenda campaign by the Continental Business Network (CBN), aiming to increase investment allocations by African institutional asset owners, like Pension and Sovereign Wealth Funds, into African infrastructure from its current low base of about 1.5% of assets under management to a more impactful 5%; 8. WELCOMES and ENDORSES the final version of the Model Law for Transboundary Infrastructure Projects in Africa (PIDA Model Law) developed by UNECA in response to the Decision Assembly/AU/Dec. 563 (XXIV) and calls on Member States to consider the PIDA Model Law as part of the tools for enhancing private sector investment in transboundary infrastructure in Africa and REQUESTS NEPAD Agency, United Nations Economic Commission for Africa (UNECA) and the Regional Economic Communities to assist Member States in domesticating the Model Law within their respective national legislative bodies; 9. RECALLS the Decision (Assembly/AU/Dec.601 (XXVI) of January 2016, in which the year 2017 was themed “Harnessing the Demographic Dividend through investments in Youth”, and TAKES NOTE of the ongoing development of the Skills and Employment for Youth (SEFY) strategy by the NEPAD Agency, strategy for implementing various continental policy frameworks and to support national development policy planning, as well as engage private sector to drive inclusive economic growth and wealth creation; 10. COMMENDS the NEPAD Agency and the African Union Commission, in cooperation with the Government of Germany, for establishing the Skills Initiative for Africa Finance Facility hosted at the NEPAD Agency in 2017, INVITES other African Member States to work with the NEPAD Agency for the extension of the Skills Initiative for Africa Funding Facility for funding of projects related to Technical Vocation and Education Training (TVET), including development and rehabilitation of TVET facilities; 11. COMMENDS the NEPAD Agency for establishing the Presidential Infrastructure Champion Initiative (PICI) and WELCOMES the efforts by African Heads of states and government to become actively involved in the development and implementation of regional and continental infrastructure projects; WELCOMES Namibia’s accession into PICI; 12. COMMENDS progress made on the efforts initiated by Member States and partners to tackle TB as a multi-sectoral regional challenge such as the Southern Africa TB and Health Systems Support Project which is galvanizing efforts of Lesotho, Malawi, Mozambique and Zambia, and other SADC countries. WELCOMES efforts towards establishing regional centres of excellence on TB control and setting up a recognition scheme for private sector’s contribution to TB 30th Ordinary Session of the Assembly, 28- 29 January 2018, Addis Ababa, Ethiopia

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