AEC Discussion Forum
Have your say!, share your thoughts.
The debate is open now online around the following sub-themes:
- Structural Transformation and Industrial Policies: industrial policies, industrial pollution, green industrialization processes and strategies, entrepreneurship/ business representatives and land use.
- Human Development and Human Capital Development: education; health; poverty reduction; people’s empowerment
- Green Investment and Financing: domestic resource mobilization, sustainable energy and energy efficiency, both in the public and private sector, as well as innovative financing options
- Energy Issues in Green Economy: production and efficiency, links to technological innovation and industrial transformation
- Sustainable Agriculture: land use in agricultural production, environmental goods and services, forestry, as well as environmental issues, among others
- Issues of Growth and Development and attainment of the Millennium Development Goals
- Poverty Reduction and Unemployment Issues in Africa
- Issues of Distortions in Production and Consumption in Africa’s real economy, particularly in Energy, Manufacturing and Agriculture
- Pricing Issues in the Financial Markets and implications for macroeconomic stability and growth
- Other areas: trade and sectoral policies, public finance and fiscal responsibility, micro and macro policies for sustainable development, institutional innovation and mechanisms, public-private partnership and regional cooperation, among others.
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Le printemps arabe ne fait que confirmé ce fait. Il est opportun de se tourner vers la microfinance comme un des moyen de réalisations de cet objectif, il faut revoir les législations s'y référant et adopter une stratégie incitative
The fact that the state has remained part of the debate underlies its importance. Public Sector/Service Reforms in Africa needs to be given a careful examination. Piece-meal sectoral reforms in search of 'quick-wins' is not sustainable.
The state/ the government machinery needs to be looked at in totality- tinkering or patch work will not work. Development must and needs to be driven by an efficient and effective government, and issues such as 'inefficiency, rampant corruption, lack-of capacity, nepotism just to mention a few should not be used a reasons to 'side-step' the public sector- or reasons for looking for other sectors where we can get - 'easy- "demonstrable, quantifiable results' those same reasons should in fact inspire more work and attension in the public sector.
The private sector, may not have the capacity and authority to act in manner public sector is expected to act in steering development-
I therefore strongly think- that despite many disappointments with public sector reforms, it still holds the key for growth in Africa.
A mon avis, l'heure est maintenant à la mise en œuvre que de perdre le peu de temps qui nous reste avant dans le cadre de l'atteinte des OMD fixé en 2015.
Pour cette année, je crois que le thème est le bienvenu, car avec le menace du changement climatique, il est grand temps de vraiment cogiter sur les questions environnementales
Syndicalistes des OMD...
The most viable option for Africa to achieve poverty and unemployment reduction is to promote the growth and sustainability of the Small and Medium Enterprises (SMEs). This assertion is informed by the fact that historically, SMEs have played an important role in social and economic development in both developed and developing countries. They boost productivity, help in employment creation and revitalise communities, SMEs are the lifeblood of most world economies and their importance cannot be over-emphasised. For example, in the Asia Pacific Economic Corporation (APEC) group, SMEs account for around 90 percent of all businesses and employ as much as 60 percent of the work force in the region . Likewise in the Organisation for Economic Co-operation and Development (OECD) region, SMEs account for over 95 percent of firms and 60 to 70 percent of employment and generate a large share of new jobs in these economies.
However, despite their importance in economic development, SMEs growth and survival is challenged with severe barriers, some of which include: regulatory barriers, lack of infrastructure provisions, lack of proper training and lack of access to finance. Streams of empirical evidence show that lack of financing and access to finance and credit is one of the major barriers to the growth and survival of the SME sector. For operating SMEs emphasis is placed on the shortage of working capital as the most needed type of funding. In Africa the challenge is exacerbated by the fact that most financial institutions are set up to support big corporate because SMEs are perceived as a risky sector to finance. The institutions that are SME focused either have limited capital base or apply stringent requirements which impede their relevance to this sector. For example, their loan application lead-time may not be supportive of the sector in both start-up phase as well as operating SME’s looking for working capital. SMEs looking for start-up funding or working capital require a responsive financial institution with quick turn around times. Furthermore, the funding instruments in both start-up phase or for working capital is debt with strict repayment terms ranging from 12 months to 60 months and in most cases with minimal or without a grace period. This approach has proven to be problematic for start-up business and the problem is further compounded by the harsh measures traditional banks take once an entrepreneur default. These measures are taken without considering possible solutions to support the small enterprise out of its often uneven cash flow predicament usually caused by external factors in the market or in the economy such as currency fluctuations and inflation, among others.
As Africans, we need to start asking questions as to whether our institutions be it development banks or commercial banks are geared up to truly support this important sector. Are our financial institutions focusing on short term profitability thereby neglecting the long term benefits of supporting a sector which can uplift Africa’s citizenry, which in term would broaden the future customer base of the same financial institutions. Or should we perhaps be looking at new funding models which for example could encourage our financial institutions take more risk through funding SMEs. Can we not perhaps utilise part of development aid money destined for Africa towards setting up loan guarantee funds with an objective to reduce commercial banks SME risk through guarantee provision.
Africa with its immense intellectual power needs to innovate in order to arrest the unemployment and poverty dilemma.
Les energies renouvelables ne sont pas un choix possible, mais une fatalite, en cela que c'est l'energie de demain! L'afrique doit donc s'y preparer, mais d'une maniere structuree. En effet, il s'agit pour la plupart de technologies encore couteuses, peu rentable en comparaison, nouvelles donc pas souvent eprouvees, et necessitant de s'appuyer sur une plateforme de professionels bien formes et experimentes.Dans le meme ordre d'idee, le mecanisme pour beneficier des credits carbone devra etre allege, et plus de professionels formes.
Il faudra donc se mettre inexorablement sur le chemin, mais il n'en demeure pas moins que les problemes actuels de deficit de production que connaissent plusieurs pays du sud du sahara, doivent etre rapidement combles et par tous les moyens de production possibles. Malheureusement, le nucleaire, qui aurait pu etre vu comme une energie de transition, ne sera plus a l'ordre du jour au moins pour les 3 prochaines annees.Il faut un investissement massif de base pour la rehabilitation des moyens de production, ainsi que le developpement d'aurtres sources de production conventionnelles.
C'est le schema par lequel l'Afrique pourra rentrer sereinement dans l'ere du renouvelable!
A defaut, nous pourrions nous retrouver dans quelques annees, a gerer des cimetieres de centrales solaires thermiques a concentration.
Les difficultés de mobilisation des ressources en particulier dans le contexte très fragile de la crise de la dette des pays développés accentuent les risques de financement à long terme des économies africaines en particuliers ceux au sud du Sahara. Dans ce contexte, les PPP apparaissent comme une alternative au financement du développement. Il s'agit simplement d'identifier les secteurs porteurs en particulier ceux qui sont à forts potentiels et capable d'avoir un effet d'entrainement sur les autres. A cet égard, il ne serait pas superflu de fédérer les énergies, sous la houlette et le leadership de la BAD, afin de mettre en place les mécanismes appropriés d'un cadre de PPP opérationnel et inclusif.
the type of africans allow theirself to do for paychecks just so they can support the families hasn't been translated back home to encourage the youth to start from the bottom and build up.... all the industries are there in Africa too, from services to finances. with a little more attention and push, local jobs can be created right from our backyard, we just have to see it, imagine it, then let it manifest in reality...