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    Fair contracts key to Africa's sustainable development

    Africa has an abundance of resources, but those resources don't benefit Africans in need when private investors and African governments don't hash out a fair deal. Makhtar Diop, the World Bank's vice president for Africa, explains more in this video interview.

    By Jeff Tyson // 26 October 2015

    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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    About the author

    • Jeff Tyson

      Jeff Tyson@jtyson21

      Jeff is a former global development reporter for Devex. Based in Washington, D.C., he covers multilateral affairs, U.S. aid, and international development trends. He has worked with human rights organizations in both Senegal and the U.S., and prior to joining Devex worked as a production assistant at National Public Radio. He holds a master's degree in journalism from Columbia University and a bachelor’s degree in international relations and French from the University of Rochester.

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