Solving paradoxes of Africa's development: financing, energy and food systems
The report analyzes three paradoxes relating to financing, energy and food systems, that have hampered development in Africa and their impact as of 2022. African countries are rich in financial and natural resources, yet they suffer debt distress, lack energy access and face high levels of food insecurity. Based on this analysis, the present report provides an assessment of the role of domestic resource mobilization as a game changer, of energy and food systems as drivers and of country systems (under Sustainable Development Goal 16) as enablers of development. It also contains recommendations for undertaking the reforms needed to address the three paradoxes to unlock the continent’s potential to achieve sustainable development.