Goal 8: Develop a global partnership for development
Official development assistance is important, but diversifying the assistance portfolio is crucial
Official development assistance (ODA) in Africa’s development is important, but African policymakers are urged to diversify their portfolio of such funding so as to maximize the volume of resources and minimize exposure to funding shocks. In addition, promoting African products’ access to global markets provides an opportunity for growing out of aid. Trade is vital for Africa’s development, and the continued growth of Aid for Trade (AfT) commitments, which are growing faster than ODA, are welcomed. Still, AfT’s concentration in a few countries is a concern that requires an immediate remedy.
- 21/04/2013 - International Financial Institutions Agree to Share Data to Improve Development Outcomes and Lay the Groundwork for the Post-2015 Development Agenda
- 14/03/2013 - African Ministers and Stakeholders Meet in Tunisia to Shape Africa’s Post-MDG Agenda
- 05/03/2013 - Africa-Wide Consultation on the Post-2015 Development Agenda and Review of Africa’s Progress Toward the MDGs
- 11/12/2012 - Common Position on Africa’s Post-2015 Development Agenda Set to Take Shape in Senegal
- 17/10/2012 - AfDB and the International Day for the Eradication of Poverty