Abstract
Since 2002, when the G8 leaders gathered to approve an African Action Plan (AAP),2 subsequent international summits have focused on African issues and have committed themselves to increasing official development assistance (ODA) for Africa to levels never seen before. Although the severe global recession in 2008, when the G8 reduced financial aid, hit many African countries hard, it appears that this strong commitment is not about to lose further momentum. In March 2009, the World Bank Group (WBG) immediately announced the establishment of Infrastructure Recovery and Assets (INFRA) Platforms to respond to the negative impact on infrastructure expansion in developing countries during and after the crisis, particularly as it has affected Africa. The G8 and many other donors followed WBG, thus reinforcing the financing infrastructure and providing additional instruments for Africa.
The views expressed in this paper are the author’s own and do not necessarily reflect those of the institutions to which the author is affiliated.
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© 2014 Tomomi Tokuori
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Tokuori, T. (2014). Local Construction Enterprises in Transition: Empirical Evidence from Burkina Faso (2004–2010). In: Fukunishi, T. (eds) Delivering Sustainable Growth in Africa. IDE-JETRO Series. Palgrave Macmillan, London. https://doi.org/10.1057/9781137377821_6
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DOI: https://doi.org/10.1057/9781137377821_6
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