Friday, 5 August 2011

Better Business in Africa

By Noshua Watson

The UK Department for International Development is plowing ahead into private sector development in the midst of global economic chaos.  UK Secretary of State for International Development Andrew Mitchell gave a speech last  month that outlined DFID’s plans for private sector development in Africa.  Rod Evison, the acting CEO  of the CDC, the development finance institution, followed up with his plans for revitalising their portfolio, using innovative financial tools, concentrating on the poor and funding more risky projects.

After reading what they have to say, I’d recommend they read a refresher: “Learning from Abroad: The Role of Policy Transfer in Contemporary Policy-Making”.  Can we get it right this time?