Second Regional Meeting on Aid Effectiveness to Promote New Vision for Development

Africa Should Reduce Aid-Dependency and Explore Alternative Sources of Development Finance – AfDB President Donald Kaberuka

“To increase resource mobilization and broaden their tax base, African states need to persuade their citizens that their taxes are being used for public good. Many observers see this implicit bargain between state and citizen as fundamental to democratic development,” Mr. Kaberuka said. Read More

Background

Tunis, 1 November 2010 – The African Development Bank (AfDB) Group will host the Second Regional Meeting on Aid Effectiveness, South-South Cooperation and Capacity Development, in Tunis from 4-5 November 2010.

The meeting is co-organized with the NEPAD Planning and Coordinating Agency and it will be attended by delegates from across Africa, including ministers, senior government officials, parliamentarians, civil society representatives, the private sector and the academia. It is designed to be highly interactive and participatory so as to provide participants an opportunity to discuss in detail a range of issues, from “accountability” to promoting a vision of development that puts financing for development— rather than aid— at its centre.

Its outcomes will help consolidate the continent’s strategies, agenda and emerging positions for the Fourth High-Level Forum on Aid Effectiveness (HLF-4) in Busan, South Korea, in November 2011.

Besides the AfDB President, Kaberuka, and the NEPAD CEO, Ibrahim Assane Mayaki, the event will be attended by Cape Verde’s finance minister, Cristina Duarte; the Democratic Republic of Congo’s planning minister, Olivier Kamitatu Etsu, and Kenya’s public service minister of state, Dalmas Otioeno.          

Aid effectiveness aims to achieve development results on the ground by focusing on measurable targets. It includes conditionality, capacity building and support for improved governance.

Aid effectiveness is supported by two major international agreements, the Paris Declaration endorsed in 2005, and the Accra Agenda for Action adopted in 2008.