Africa needs a new aid paradigm
“Africa needs a new aid paradigm” says Carlos Lopes, the Executive Secretary of the United Nations Economic Commission for Africa. Lopes is encouraged by the progress that has been made in formulating coherent positions in negotiations with the European Union over Economic Partnership Agreements. He is also impressed, he says, with the way that governments in several resource-rich countries, including Guinea, Gabon and Niger have aggressively renegotiated deals with mining companies, which they viewed as exploitative, making difficult short-term decisions to achieve long-term gains. In the end, ending “predatory” relationships between the public and private sector makes for a more stable environment for both, Lopes says. He added that Pragmatism is gradually winning out over the ideologies that pushed African governments to invite the private sector in at almost any cost. Africa is also finding coherence as it addresses common challenges, such as regional economic integration and climate change.
| Format: | Press release biblioteca |
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| Language: | eng |
| Published: |
2014-10
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| Online Access: | https://hdl.handle.net/10855/34562 |
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