Financing for Development

Development in Africa must be driven by robust, private sector-led growth and effective and accountable states able to finance their development needs from their own revenues. It should be accompanied by stronger economic integration. Development effectiveness involves focusing development cooperation on unleashing partner countries' own capacities and resources for development. To be truly effective, aid should aim to do itself out of a job. This would mean developing aid practices that minimise dependence and promote self-reliance. It would mean prioritising investments that strengthen national capacities and build up alternative sources of development finance.