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From Fragility to Resilience - Managing Natural Resources in Fragile States in Africa

15-Feb-2016

Sustainable natural resource management has the potential to transform economies of resource-rich countries in Africa. Envisioning the future of economic growth in Africa, the African Development Bank is focusing on equity, inclusiveness, the preservation of natural capital, and the creation of decent jobs, especially for youth and women. Almost all states in extreme fragile situations have abundant natural resources that can serve as a foundation for employment and macroeconomic development; however, these states often lack the capacity to effectively transform those resources into sustained economic growth, good jobs, and the achievement of the Millennium Development Goals. Moreover, natural resources are often strongly linked to confl ict and fragility, from diamonds fi nancing confl ict in Sierra Leone to the control of oil fi elds as a key tension between South Sudan and Sudan.

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