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TitleFINANCING DEVELOPMENT IN AFRICA: DOMESTIC RESOURCE MOBILIZATION AND OTHER INNOVATIVE STRATEGIES, Knowledge Brief No. 5
AuthorAfrican Community of Practice on Management for Development result at the African Capacity Building Foundation (ACBF)
SubjectDOMESTIC RESOURCE MOBILIZATION
Date of Publication2016
PublisherAfrican Community of Practice (AfCoP)
Number of Pages7 pages
LanguageEnglish
Geographical CoverageAfrica
KeywordsFINANCING DEVELOPMENT, UN Sustainable Development Goals (SDGs), Domestic Financing, Knowledge Management, Small and Medium Scale Enterprises (SMEs), Diaspora Bonds, Public Private Partnerships, South-South Cooperation
AbstractAfrica continues to face enormous development challenges despite increased global efforts at transforming the continent since the late 1940s to early 1950s. The beginning of the twenty-first century brought great hopes for the advancement of the continent with the Declaration of the UN Millennium Development Goals (MDGs) along with the Poverty Reduction Strategies and a series of development aid pacts. Yet, the continent has continued to lag behind; poverty is still on the increase in real terms. The UN Sustainable Development Goals (SDGs) comes in when the continent is still facing continued and enormous challenges with regard to financing development. This has spurred increasing debate as to what is next; which financing solutions will be sustainable for Africa? Therefore, AfCoP had initiated discussion on alternative solutions to financing development in Africa with special focus on building capacity for domestic resource mobilization. This knowledge brief summarises the discussions and ideas shared by the AfCoP members with one of the key messages emerging being the need for building capable and effective states founded on strong accountability systems.
Copyright HolderAfrican Community of Practice (AfCoP)
Copyright URLhttp://afrik4r.org/
Filesize628387 MB
File FormatPDF
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