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1. Building Capacity for Domestic Resource Mobilization: The Role of Development Partners

Publication Date:
12-2016
Content Type:
Policy Brief
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
Africa’s ability to deliver on the ambitious post-2015 Agenda (also called the 2030 Sustainable Development Goals) and the African Union Agenda 2063 largely depends on the availability of adequate financial resources. But the funding sources for development programs have been neither stable nor predictable, particularly after the global financial crisis in 2008. It has become clear that while donor financing remains important, overreliance on donor funding will not sustainably drive the success of the two continental agendas, hence the need to focus on other development finance options such as domestic resource mobilization.1 If new sources of financing are not in place, Africa’s growth and industrialization strategies are likely to suffer an early setback. Agenda 2063 recommends that countries strengthen domestic resource mobilization, build continental capital markets and financial institutions, and reverse illicit financial flows for Africa to be self-reliant and finance its own development.
Topic:
Development, Natural Resources, Economic Growth, Capacity, Economic Development, and Human Resources
Political Geography:
Africa

2. Building Capacity for Domestic Resource Mobilization: Role of the Private Sector

Publication Date:
12-2016
Content Type:
Policy Brief
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
Success in implementing Agenda 2063 and the Sustainable Development Goals depends largely on the availability and adequacy of resources. Africa realizes that industrialization is the way to go, as outlined in the two continental development plans, but it is inevitable that resources to fund these programs must be mobilized domestically. Domestic resource mobilization (DRM)1 was recognized as one of the six leading sources of finance for the Millennium Development Goals (MDGs), but many African countries did not fully achieve the MDGs due to overreliance on donor funding. One part of DRM is generating taxes and savings, which implies that governments and the private sector have key roles in this process. Specifically, the private sector should mobilize private savings, expand its productive investments, conduct responsible business by not engaging in tax avoidance and illicit financial flows, and ensuring corporate social responsibility. The 2015 Africa Capacity Report (ACR 2015) identifies the private sector as very important in partnering and cooperating with governments and other key stakeholders to maximize tax revenues and promote savings and investment. This policy brief puts forward possible interventions for the private sector to enhance domestic resource mobilization in Africa
Topic:
Development, Natural Resources, Capacity, Private Sector, and Human Resources
Political Geography:
Africa

3. The Africa Capacity Report ACR 2015: Capacity Imperatives for Domestic Resource Mobilization in Africa

Publication Date:
01-2015
Content Type:
Special Report
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
The Africa Capacity Report (ACR) 2015 sends a very clear message: with official development assistance to Africa diminishing, the continent will have to rely more on mobilizing domestic resources if it is to implement its development agenda. The ACR 2015 shows that this is possible, with a good number of African countries providing practical success stories based on strategies and initiatives that can easily be adapted to other countries. However, the capacity gaps to generate savings and taxes from domestic resources and allocate them to economically and socially productive activities remain glaring.
Topic:
Development, Science and Technology, Natural Resources, Capacity, Innovation, and Human Resources
Political Geography:
Africa

4. Africa Capacity Indicators 2013: Capacity Development For Natural Resource Management

Publication Date:
01-2013
Content Type:
Special Report
Institution:
The African Capacity Building Foundation (ACBF)
Abstract:
This year's Report, the third in a series, focuses on an issue of great importance to Africa: natural resource management. The Report is holistic, yet focused on what African countries need to do individually and collectively to achieve effective management and good governance of the continent's vast natural resource wealth. The discussion covers both renewable and non-renewable endowments, with specific focus on forests, land, water, solid minerals, and petroleum resources. The Report offers analysis of the critical perspectives and contemporary academic and policy debates on the natural resource value chain, including emerging issues such as climate change and green economy. Pragmatic approaches based on original problem solving in different contexts are also presented in each chapter of the Report. To keep the emphasis relevant to the 2012 Africa Capacity Indicators Report, , this Capacity Development for Agricultural Transformation and Food Security volume gives particular attention to issues of capacity development and policy choices for “green growth.” The Report, in essence, links the natural resource management discussion with the themes of the two previous ACI Reports (ACIR2011, on state fragility, and ACIR2012, on agricultural transformation and food security).
Topic:
Development, Natural Resources, Economic Growth, Capacity, and Human Resources
Political Geography:
Africa