The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
Measuring the pulse of Economic Transformation in West Africa
West Africa is at the heart of Africa’s transformation. With a projected growth rate of 7.4 per cent in 2014, it is the fastest growing region in the continent. As many of its countries undergo a strong stabilization, emerge from conflict, or even rise to middle income status, the region begins to reap the fruits of its regional and global integration. A global demand for expert opinions and analysis is rising rapidly. Read More
An August 2014 blog post during the escalation of the Ebola Virus Disease (EVD) epidemic in Liberia considered how, beyond the health crisis, the outbreak was having a significant impact on Liberia’s economy. Two years down the line, the threat of the virus has receded, yet the economy is facing other challenges, most prominently the drop in commodity prices. The country is at a critical juncture where it should increase attention on enabling the private sector to drive inclusive growth. This post is the first of a short series dedicated to Liberia to discuss some of the issues involved in the process.
L’Afrique est à la croisée des chemins avec la mise en œuvre des objectifs de développement durable (ODD). Située au centre de l’attention des experts du monde du développement et des décideurs - comme l’a montré la récente 71e Assemblée générale des Nations Unies, la transition ODD-ODM nous mène à un constat de « non-évolution ». Les différentes conceptions énoncées ainsi que les multiples indicateurs proposés n’ont pas permis d’atteindre le développement durable nécessaire pour l’Afrique. Manque de pertinence des données disponibles ou déficit de coordination ? Une chose reste constante et incontournable : l’Afrique ne pourra atteindre un développement durable et tendre vers l’émergence, que si elle prend en charge, elle-même, sa propre transformation économique.
In previous blog posts, I wrote about the revenues that are likely to materialise from new projects coming online in West Africa; the macroeconomic choices to ensure that these revenues do not have negative macroeconomic impacts and are enjoyed by future generations; and how those revenues can help to bridge the funding gap in health and education.
My previous posts discussed how much revenues West African countries can expect from new discoveries of extractive resources, and what are the choices facing policymakers in utilising these revenues. In this piece, I will try to focus on how these revenues can be used specifically for investments in health, education skills and other tangible development outcomes. What can really been achieved, and how?
On the occasion of World Food Day, the Sahel and West Africa Club Secretariat (SWAC/OECD), in collaboration with the Economic Community of West African States (ECOWAS), the West African Economic and Monetary Union (UEMOA) and the Permanent Inter-State Committee for Drought Control in the Sahel (CILSS), is launching a film dedicated to the Food Crisis Prevention Network (RPCA). The objective is to raise awareness about the success of the Network, which for 30 years has been engaged in the fight against food and nutrition insecurity in the Sahel and West Africa.