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'Only the private sector will make Africa rich'

Moletsi Mbeki, the brother of South Africa’s President, believes that the private sector is key to Africa’s future development. In a recent paper of his he argues that the international donor community needs to concentrate on lending their expertise (especially regarding increasing access to finance) as apposed to their funds. He also believes that the power and voice of the private sector needs to be increased:

On the tube: "The Business of Development"

If you are reading from Europe, tune in to CNBC Europe during Sunday evenings in June and July to see the second version of the award-wining UNDP sponsored TV series: The Business of Development.

This four part mini-documentary series looks at how sustainable development and corporate social responsibility have become core concerns of international business. The documentary profiles sustainable development projects, best company practices and innovative development partnerships.

New reading list on private participation in education

The World Bank’s reading list on private participation in education has just been updated. The private provision of education services remains an extremely contentious issue in both developed and developing countries. Being that there is great hope that private education can compensate for the perceived inadequacies of current systems, most of the current debate focuses on how this involvement should occur: grants, vouchers, charter schools or something else?

Regulation that's good for competition

Poor regulation is the main factor limiting productivity and growth in economies all over the world, particularly in developing countries - this according to the latest research by the McKinsey Global Institute. The solution: regulators need to protect people, not jobs, and stop the practice of trying to pick winners.

“A better investment climate for everyone”

The March edition of Development Outreach focuses on the importance of improving the investment climate in order to achieve long-term sustainable growth. The volume is an excellent synthesis of current thinking, discussing everything from growth strategies to corruption and creative destruction.

Investment and access to finance key for Africa

On Monday it was the Guardian, today it is the Financial Times where Kurt Hoffman, president of the Shell Foundation, criticizes current development efforts towards Africa and suggests where improvements need to be made: private sector development.

Innovative trickle-up economics

The current issue of Forbes Magazine profiles 71-year old Paul Polak and his organization, International Development Enterprises (IDE). The idea behind IDE is that providing affordable and effective irrigation and transportation is key to alleviating poverty.


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