Africa has an abundance of resources, but for a long time many Africans have not benefitted from their own resource wealth. In some countries, private investors and self-interested governments have courted each other with inequitable contracts to the detriment of human development.
As African countries foot a larger share of the global development bill, transparency and civil society participation need to be on the agenda if Africa is to grow sustainably.
Makhtar Diop, World Bank’s vice president for Africa, explains more in this video interview and reveals what the world’s largest multilateral donor is doing to promote sustained growth on the continent.
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