Assembly/AU/Dec.540(XXIII) Page 3 conclusions and recommendations of the NEPAD-ECA Study on Domestic Resource Mobilization (DRM) for implementing NEPAD programmes and projects which served as the basis for the Summit; 15. WELCOMES IN PARTICULAR the Africa50 initiated by the AfDB as an investment platform designed significantly to narrow the infrastructure financing gap; the setup of the Continental Business Network (CBN) on Infrastructure Financing coordinated by NPCA and the Summit organizing partners; improvement measures to promote policy certainty, legal and fiscal stability towards enabling environment; the continued political determination of African Leaders to support the implementation of high impact national and cross-border projects and infrastructure project preparation and financing for the projects showcased at the Summit as a first step towards implementing the PIDA priority action plan by 2020; 16. REAFFIRMS the strong linkage between the Presidential Infrastructure Champion Initiative (PICI) and the priority projects presented at the Dakar Financing Summit as mutually reinforcing and impetus to further accelerate PIDA implementation. URGES Member States, development finance institutions and partners to increase funding support for infrastructure project preparation, especially the NEPAD Infrastructure Preparation Facility (IPPF) hosted by the African Development Bank; 17. CONSEQUENTLY REQUESTS the NPCA to design the appropriate modalities to implement the Dakar Agenda for Action and thereafter report regularly to the HSGOC on progress being made. FURTHER URGES the NPCA in conjunction with the RECs, AfDB, UNECA, UNDP, World Bank and the NEPAD Business Groups/Foundation to strengthen engagement with the private sector on taking forward the Dakar Agenda based on the conclusion to setup the Continental Business Network. UNDERSCORES the intrinsic linkages between skills development and modern infrastructure driven by science, technology and innovation, NOTING the need for the HSGOC to prioritize policy actions in this regard towards PIDA and PICI implementation; 18. HIGHLY COMMENDS the HSGOC Chairperson and the Government of Senegal for successfully hosting the Financing Summit and EXTENDS DEEP APPRECIATION for the high level participation of H.E Yayi Boni, President of the Republic of Benin; H.E Goodluck Jonathan, President of the Federal Republic of Nigeria; H.E Ibrahim Boubacar Keita, President of the Republic of Mali and H.E. Dr. Nkosazana Dlamini Zuma, Chairperson of the AU Commission, with the support of NPCA Chief Executive Officer, Commissioner for Infrastructure and Energy, President of African Development Bank; UNECA Executive Secretary and the World Bank Vice President for Africa; 19. Based on the assessment of reform of the Africa Partnership Forum (APF), RECALLS the Decision Assembly/AU/Dec.508(XXII) on the need to establish a new umbrella partnership formation and APPRECIATES the efforts by NPCA and NEPAD Steering Committee to this effect;