Carnegie Endowment for International Peace
As Foreign Direct Investment (FDI), diaspora remittances, and other kinds of financial flows eclipse the volume of foreign aid to Africa, the nature of development financing must evolve. The Africa Program’s Investments work analyzes how public and private investment flows can better support Africa’s economic resilience. We aim to provide the knowledge base to reorient foreign aid and external financial flows to support Africa’s long-term aspirations for economic transformation.
Sign up for our newsletter Back to main pageThis project engages with global discourse on infrastructure and public services in Africa. The essay series will foster discussion on the continent’s specific investment needs to position it on a path of prosperity.
Instead of fixating on infrastructure, African countries should look to the experience of Latin American countries with similar resource endowments: a greater relative abundance of land than low-cost labor.
This project maps out areas in which Africa’s external partners can reorient their foreign assistance to position the continent’s public health as an economic sector that contributes to growth, jobs creation, and the achievement of health security.