19 Dec 2019

The IMF documents the additional spending that is required for sub Saharan Africa (SSA) to achieve meaningful progress in SDGs by 2030. Benin and Rwanda are presented in detail through case studies. The main lessons are: average additional spending across SSA is significant, at 19 percent of GDP in 2030; countries must prioritize their development objectives according to their capacity to deliver satisfactory outcomes, financing strategies should articulate multiple sources given the scale of additional spending; and strong national ownership of SDGs is key and should be reflected in long-term development plans and medium-term policy commitments.

12 Dec 2019

During the 28th Ordinary Session of the African Union Assembly of Heads of State and Government, Member States resolved in its decision to seize the African Peer Review Mechanism (APRM) with the responsibility to “play a monitoring and evaluation role for the African Union Agenda 2063 and the United Nations Sustainable Development Goals Agenda 2030”. The AGR assesses the state of governance in Africa with a view to providing Member States with a comprehensive baseline to assist governments to enhance governance.

5 Dec 2019

Africa’s growing markets show great potential for transforming their production systems. Africa’s gross domestic product (GDP) has grown by 4.6% annually since 2000, the second fastest rate in the world. Its domestic demand accounts for 69% of this growth performance and has shifted towards more processed goods. The African Continental Free Trade Area raises new hopes of creating a pan-African market for the continent’s industrialisation. Many local firms are seizing these opportunities to grow in size and productivity. But productive transformation is not spreading, especially where needed in employment-intensive sectors.

28 Nov 2019

This report revisits the challenges and opportunities to tackle Africa’s poverty, drawing on the latest evidence. It focuses on the income opportunities of the poor, the policies needed to support these opportunities, and the resources needed to finance pro-poor investments.