African Development Report

Africa’s regional integration has been a key economic and political aspiration since the independence decade of the 1960s—some fifty years ago. It is also an important pillar for the work of the African Development Bank, which is celebrating its 50th Anniversary as Africa’s premier development finance institution during 2014. It is thus opportune for the African Development Report 2014 to once again reexamine the imperative of regional integration for Africa’s development: looking at what has changed in terms of argument and facts on the ground in the past half century, and to what extent the pursuit of closer economic and political integration is still relevant for the continent.

African Development Report (ADR) 2012 entitled “Towards Green Growth in Africa” discusses the necessity and feasibility of transitioning to green growth in order to enable sustainable development pathways on the African continent. The Report points out why Green Growth represents an important development paradigm for managing the challenges of the 21st century such as environmental degradation, climate change, population growth, and the transformation of markets. While Green Growth requires a cross-sectoral approach, it highlights the scope for “greening” agriculture, forestry and other natural resources, clean energy and sustainable transportation. The Report shows that these solutions not only result in environmental benefits, but also contribute to the economic development of Africa and meet social needs.

African Development Report (ADR) 2011 entitled “Private Sector Development as an Engine of Africa’s Economic Development” discusses the need to focus on the private sector in order to spur economic development on the African continent. While the debate over the respective roles of the private and public sectors has evolved since the 1990s, the private sector remains central to generating the jobs and economic growth that the continent badly needs to lift greater numbers out of poverty and build a more equal society. Given this realization that private sector development can help reduce poverty, the Report examines the challenges facing private sector development, and highlights ways to address these challenges, taking country differences into account. It concludes by discussing the Bank’s role in support of private sector development.

African Development Report is an annual publication prepared by the Research Department and has become an important source of analysis and information on developments in Africa. Each year, the Report provides an update on key macroeconomic and sectoral developments and provides an in-depth analysis of an important development topic critical for Africa’s development prospects.

African Development Report is an annual publication prepared by the Research Department and has become an important source of analysis and information on developments in Africa. Each year, the Report provides an update on key macroeconomic and sectoral developments and provides an in-depth analysis of an important development topic critical for Africa’s development prospects.