Development Finance International
16 June - African Economic Outlook 2014
The latest African Economic Outlook released at the African Development Bank Group’s Annual Meetings shows that Africa has weathered internal and external shocks and is now in a position to achieve healthy economic growth rates. Produced annually by the AfDB, the OECD Development Centre and UNDP, this year’s report reveals that he continent’s growth is projected to accelerate to 4.8 % in 2014 and 5 to 6 % in 2015, levels which have not been seen since the global economic crisis of 2009. It also argues that by participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough.
15 June - DFI to Analyse Finance Ministers’ Meetings
Based on DFI’s experience of organising and supporting Finance Minister’s meetings for HIPCs, the Commonwealth, OIF and the G20, the Commonwealth Secretariat has commissioned DFI to analyse the efficiency and effectiveness of all major global meetings of Finance Ministers, in order to provide suggestions for how to reinforce the Commonwealth Finance Ministers’ Meetings. The final report will be delivered to Commonwealth Finance Ministers in October.
13 June - Africa Progress Panel Report 2014
The 2014 installment of the Africa Progress Panel Report entitled “Grain, Fish, Money” takes an unflinching look at the risks and opportunities facing the continent and puts its natural resources and assets at the heart of its transformation. While acknowledging Africa's undoubted economic successes , the Panel highlights that its progress in reducing poverty is less than impressive, with Governments failing to transform economic growth into opportunities for all. The report was recently the subject of a High-Level Dialogue held at the AfDB Annual Meetings in Kigali, Rwanda.
2-7 June - Development Financing Policy Mission, Dakar
DFI conducted a pilot mission for OIF to help Senegal’s government design a development financing policy to support the Plan Sénégal Émergent. The mission examined financing policy issues, including project design, the overall matching of projects and programmes with financing, and sources of finance such as tax revenue, international and regional bonds, aid, South-South cooperation, Islamic financing, and PPPs. It also looked at institutional issues of laws, regulations and coordination structures to support the policy.
29 May - Spending to Fight Inequality: Is Africa Keeping Its Promises?
Fair and effective public services are a strong weapon in the fight against economic inequality. This Africa-focused briefing examines the extent to which African countries are meeting the spending targets that governments in the region have set for themselves at regional ministerial meetings. It shows that most African governments are falling far short of their pledges on agriculture, health, education and social protection.
