Publications

  • Will Africa Keep Booming or Collapse Again? Here’s How to Create Our Own Future

    In a recent op-ed in The East African, ACET President, K.Y. Amoako reflects objectively on Africa's present reality, and visualizes a self-determined Africa of the future.   There are four areas where “low-hanging fruit” can be harvested. Promoting labour-intensive manufacturing, adding value to agriculture, improving governance and management of the extractives sector and boosting tourism. (Illustration/John Nyagah)   Next week, over 2,000 people from around the world will gather in Kigali for the African Development Bank’s Annual Meeting. Among those attending will be finance ministers and central bank governors from the Bank’s 54 regional member countries, along with representatives of development ...
  • Sustainable Resource Series: Conflict Minerals in West Africa’s MOG Sector

    Broadly defined, conflict minerals are any minerals illegally mined and sold as a means to finance conflict. Correspondingly, conflict mineral regulation refers to initiatives by individual governments, multi-lateral institutions or non-state actors (including businesses and NGOs) to degrade the ability of rebel groups to use illegally mined minerals as a means to generate finance. Following the early success of the Kimberley Process, several new conflict mineral initiatives have been established to prevent illicit minerals trade from fuelling conflict. Although the ongoing conflict in the Great Lakes Region has driven the recent large-scale conflict mineral initiatives, it is now widely accepted that these could be ...
  • Sustainable Resource Series: Accountability in the MOG Sector in West Africa

    In recent years, West Africa has experienced sustained high growth rates, especially in the minerals, oil, and gas (MOG) producing countries, and has outperformed the other African sub-regions. However, this has not been translated into sustainable development due in part to shortcomings in accountability and transparency. In contrast, some resource-rich countries that have shown high degrees of accountability and transparency in the management of their revenues and have used them to foster economic transformation and sustainable development. The key ingredients for their success include an informed citizenry and committed government leadership with political will and capacity to make technically complex decisions and implement them. This ...
  • Sustainable Resource Series: Mining and the Environment in West Africa

    Globalization and demand from major markets are driving growing interest for resource extraction in Africa. This includes demand for infrastructure materials and metals used in information and communications technologies. Technological advances are also making resource extraction in previously inaccessible parts of remote areas easier. Consequently, Africa is seen as a growth region, accounting for 10% of today’s mine production and 15% of investments in the project pipeline. Yet access to new areas and the search for new resources bring new risks, as recent experience with shale gas fracking illustrates. The introduction of new mines and technologies highlights the importance of applying recognized principles such as precaution, ...
  • African Transformation Report

    Our report’s main premise is that African economies need more than growth—if they are to transform, they need growth with DEPTH. That is, they need to Diversify their production, make their Exports competitive, increase the Productivity of farms, firms, and government offices, and upgrade the Technology they use throughout the economy—all to improve Human well-being. Click here to read more about the ...