Blair Calls for Business-Driven Development in Africa

Former British Prime Minister Tony Blair has underlined the need to develop a conducive business climate in Africa to shift the region from aid reliance to business-driven development, Reuters reports.

“The problem with African countries is not just a matter of aid. The two absolutely critical things for any African country that wants to develop sustainably are that you put together the right business environment and that (investors) can come in on a transparent and open basis,” Blair told Reuters.

Blair’s African Governance Initiative plays an advisory role for post-conflict nations Rwanda, Sierra Leone and Liberia.

About the author

  • Tarra Quismundo

    Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.