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21 May 2012
   
 
 
Article by: Sapa

Africa's development relies on the mobilisation of political will, former United Nations secretary-general Kofi Annan said on Tuesday. Releasing the African Progress Report, compiled by the Africa Progress Panel (APP), of which he is the chair, Annan said that Africa's future was "in its own hands".


"Success in managing its own affairs depends on supportive global policies and agreement," Annan said in Johannesburg.


"There is no lack of resources, no deficiency of knowledge and no shortage of plans."


The panel was established in April 2007 to maintain a focus on the commitments to Africa made by the international community.

 

Other panellists are Bank of Botswana Governor Linah Mohohlo, chairperson of Transparency International and the Extractive Industries Transparency Initiative Peter Eigen, and former President of Nigeria Olusegun Obasanjo.


Annan said that the panel called on Africa's finance ministers attending the annual African Bank Summit, in Côte d'Ivoire, to "climate proof" the continent's economic growth and development.


The report called for transparency throughout the resource system from the awarding and monitoring of contracts to the collection of taxes and royalties, and the making and execution of investment choices.


It also called for policies to ensure that revenue from the continent's natural wealth reached everyone.


The report warned that "Africans beyond elite circles are not benefiting sufficiently".

 

Edited by: Sapa
 
 
 
 
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APP chairperson Kofi Annan
 
APP chairperson Kofi Annan
 
 
 
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