Tunis will host a summit of African leaders and high-level officials of multilateral institutions to discuss how to build capacity in post-conflict countries.
“Weak capacity in public and private sectors in Africa is acknowledged as a major impediment to the attainment of poverty reduction goals in Africa,” said African Development Bank President Donald Kaberuka in a press release. “It is therefore evident that no matter the amount of financial resources mobilized for Africa’s development, such funds would yield limited or modest results in post-conflict countries if a particular emphasis is not put into rebuilding the state and restoring its capacity to deliver its core functions.”
AfDB, the press release added, has allocated more than USD1 billion for post-conflict countries and fragile states in 2009. It devotes around USD20 million per year to capacity-building efforts.