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The following articles and newsletters contribute to the search for innovative solutions to generate financial resources for the continent. They promote an integrated approach to the issue—one that recognizes the need for realistic and inclusive strategies, mobilizing key national stakeholders such as the diaspora, SMEs, and neighboring partners.
You’ll find accessible and tailored proposals throughout.
African Fortunes – A Path to Budgetary and Financial Autonomy for African Countries? The Case of the DR Congo
MARCH 2021
The development of African countries is linked to their ability to finance substantial budgets that address key factors of sustainable development such as infrastructure, energy, education, and agriculture. However, budgetary and financial autonomy is a real problem in a context of our countries' dependence on assistance from multilateral organizations (AfDB, World Bank, IMF), which is often at odds with the needs and development objectives of these countries.
How can we attract additional funding to enable our countries to fill their budget deficits and finally achieve their development, growth and poverty reduction programs?
The power of the diaspora on the African economy
APRIL 2021
In 2019, Africa received nearly $48 billion in remittances from its diaspora, funds that directly benefit the well-being of those who receive the money. But their true impact on African economies is not only disparate but also difficult to measure because they are primarily geared toward consumer spending and do not target the financing of common investment projects such as the construction of schools, markets, hospitals, or roads.
How can we remedy this and enable this diaspora to definitively participate in the development of their country of origin?
Mesofinance – a solution for African SMEs?
MAY 2021
The SME sector suffers from a financing gap estimated at $700 billion, with Africa accounting for a considerable share of this financing gap.
How can we create a secure framework and motivate African banks to become more involved in financing these companies, which make up a large majority of the private sector?
