2013-2017_-_Private_Sector_Development_Strategy

05
Conclusion
The private sector drives Africa’s economic growth.
Economic growth drives Africa’s development. African
countries recognize these facts and are determined
to harness the tangible benefits of development for
their people: socioeconomic opportunity, human
capital, critical infrastructure, regional competitiveness,
environmental sustainability, social inclusion and poverty
reduction, health, safety, literacy, happiness.
In line with its Strategy 2013-2022 and its operational
policies, the African Development Bank will use resources
at its disposal to support private sector development,
not as a distinct sector or instrument, but as a priority
to which all Bank operations can and must contribute.
This Strategy sets out the framework for the Bank
Group’s private sector development activities across
Africa for the medium term. The Strategy affirms the role
of the private sector as an agent of Africa’s development,
and as a partner in delivering on the Bank’s agenda of
inclusive growth and the transition to green growth.
28 Private Sector Development Strategy, 2013-2017