Since the turn of the century aid policies have become both complex and fragmented. Four major international development policies and goalsetting projects were launched in 2015 alone. These are the Paris Agreement, the Addis Ababa Action Agenda on Financing for Development, the Sendai Framework for Disaster Risk Reduction and the 2030 Agenda for Sustainable Development. Many African countries have engaged in South-South cooperation with major powers like China and India. In building large infrastructure projects, China highlights its impressive achievements in lifting over half a billion people out of poverty. Africa is thus attracting renewed global interest and rivalry among world powers. Some even warn of a “new scramble for Africa” involving major and emerging powers who are all vying for the continent’s attention. Although aid flows may decrease over time, there is now more interest in boosting trade and investments. The key question for us is how African countries can use this growing interest to their advantage.
SOURCE: THE CONVERSATION
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