Sustainable Development in Post-Pandemic Africa: Effective Strategies for Resource Mobilization

The COVID-19 pandemic has caused significant damage to Africa's healthcare systems, economies, and well-being. This book argues that there is a need for fresh ideas and new strategies for achieving sustainable development in Africa, such as reconfigure current financing sources under a forward-looking framework that incorporates non-traditional financing tools and mechanisms. It also adopts a sectoral approach and examines the real economy impacts of new growth drivers such as agriculture value chains, industrialization, tourism, and the blue economy.

Format: Hardback
Length: 250 pages
Publication date: 21 October 2022
Publisher: Taylor & Francis Ltd

The COVID-19 pandemic has caused significant disruptions to global value chains, leading to a severe recession and widespread damage to healthcare systems, economies, and well-being. Africa, which was already facing challenges such as low commodity prices, sluggish GDP growth, high debt levels, low domestic savings, and weak private capital inflows, has been particularly hard hit. As the continent emerges from the crisis, it is crucial to reconfigure current financing sources to incorporate non-traditional financing tools and mechanisms such as public-private partnerships, sovereign wealth funds, gender lens investing, new growth drivers, and emerging and disruptive technologies.

A sectoral approach is adopted in the book to examine the real economy impacts of new growth drivers such as agriculture value chains, industrialization, tourism, and the blue economy. The book provides valuable insights for Global Development and African Studies researchers, policy makers, investors, finance specialists, global business practitioners, and entrepreneurs. It offers a forward-looking framework for achieving sustainable development in Africa, emphasizing the need for innovative ideas and strategies to address the continent's unique challenges.

In conclusion, the COVID-19 pandemic has presented Africa with an opportunity to reassess its financing strategies and embrace new approaches to achieve sustainable development. By leveraging non-traditional financing tools, promoting sectoral growth, and adopting a forward-looking framework, Africa can overcome the challenges it faces and build a more resilient and prosperous future.

Weight: 660g
Dimension: 234 x 156 (mm)
ISBN-13: 9781032027609