Resource-based African Development Strategy - Partnership to Cut ...
Resource-based African Development Strategy - Partnership to Cut ...
Resource-based African Development Strategy - Partnership to Cut ...
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RADSWay Forward• Use resource boom <strong>to</strong> leverage high rent resources(e.g. minerals) <strong>to</strong> establish infrastructure t for higherhimpact agriculture, <strong>to</strong>urism, manufacturing, etc.;•Invest in <strong>African</strong> resource-knowledge infrastructure(e.g. geosurvey) & facilitate the development <strong>African</strong>resources companies (AfDB: JRC DFI?);• Ensure equitable state share of resource and windfallrents and management (UNECA ISG project, WBprojects);• Establish DC capability: NEPAD, AfDB/WB, REC?• Finalise AfDB, WB, REC?, ADCP DC pilot partnership;• Launch 1 or 2 pilot, high impact, DCs as learningprogrammes (RECs?, AfDB, NEPAD, ADCP);•Link requisite infrastructure financing <strong>to</strong> user(resources) investment (“use or pay”)- PPPs;•Ensure “densification” (donor agencies- ADCP?) andrealisation of collateral opportunities <strong>to</strong> avoid enclavedevelopment;<strong>Resource</strong>-<strong>based</strong> <strong>African</strong> <strong>Development</strong> <strong>Strategy</strong>