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date: 18 October 2019

Abstract and Keywords

This chapter explains how official development assistance (ODA) can help achieve the structural transformation of African economies, and thereby inclusive growth, employment and peace. It begins by looking at research on the link between aid and economic growth and considers how aid can assist Africa better integrate into the global economy. It then discusses the role of aid in Africa’s development strategy after 2015 and argues that investing in more infrastructure, especially for regional economic integration, will make aid a useful instrument to improve both growth and equity across the region. The chapter also highlights the role of infrastructure in building climate change resilience before concluding with an assessment of the future role for aid to Africa.

Keywords: aid, official development assistance, trade, Africa, private investment, inclusive growth, peace, economic growth, infrastructure, climate change

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