Program
Africa
Investments in Africa

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.

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How Is China’s Economic Transition Affecting Its Relations With Africa?

China’s slowing growth will increasingly impact its economic relations with Africa. Policy directions within African countries and third parties such as the United States will greatly shape how these changes in the China-Africa relationship continue to unfold.

· May 30, 2024
commentary
An African Agenda for World Bank Group Reform

Recommendations from a high-level roundtable on an African agenda for World Bank reform hosted by the Carnegie Africa Program and the African Climate Foundation.

paper
Who Finances Energy Projects in Africa?

Africa received an average of $35 billion per year for fossil fuel and clean energy projects over the past decade. That amount was enough to address the continent’s energy finance gap, but unequal distribution has left many countries behind.

  • Oyintarelado Moses
· November 27, 2023
commentary
Was a Global Financial Summit the Start of a New Bretton Woods?

It could mark a shift toward a more inclusive financial system for the climate- and debt-stressed Global South.

· June 28, 2023