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The NEPAD Agency is a technical body of the African Union, and the executing agency for PIDA. One of its major objectives is to promote regional integration and economic development on the Continent. As the technical arm of the AU, the Agency collaborates with Regional Economic Communities, countries, specialised institutions and the private sector, to accelerate the implementation of PIDA. NEPAD also co-ordinates stakeholder engagements for the funding and financing of PIDA priority projects and produces consolidated ad hoc and annual reports on the implementation status of these projects.