Content from our Premium Partner

United Nations Economic Commission for Africa (Addis Ababa)

Why Central Africa Must Centre Natural Resources for Development

The DRC-Africa Business Forum scheduled to be held in Kinshasa, Congo-DRC, in September 2021, will focus on bringing together stakeholders to discuss fostering the development of a battery, electric vehicle, and renewable energy industry value chain and market in Africa. In their write-up towards forum, authors Nadia Ouedraogo, Issoufou Seidou, Abel Akara Ticha and Antonio Pedro argue that it is time to escape the "paradox of Central Africa" where African countries extremely rich in natural resources needed for global development cannot finance their development agendas without recourse to expensive loans and aid with attached strings. The authors write that Central African countries should "literally count their blessings and transform their economies using those blessings" and "natural capital accounting (NCA) is one major way to do this". Read more

Authors Nadia Ouedraogo, Issoufou Seidou, Abel Akara Ticha and Antonio Pedro argue that it is time to escape the "paradox of Central Africa" where African countries extremely rich in natural resources needed for global development cannot finance their development agendas without recourse to expensive loans and aid with attached strings.

In their write-up in preparation for DRC-Africa Business Forum scheduled to be held in Kinshasa, Congo-DRC, in September 2021, authors (clockwise) Nadia Ouedraogo, Issoufou Seidou, Abel Akara Ticha and Antonio Pedro argue "Central African countries should "literally count their blessings and transform their economies using those blessings," and putting Natural Capital Accounting (NCA) at the heart of their development is one major way to do this.

AllAfrica publishes around 800 reports a day from more than 130 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.