Building critical capacity in Africa for accelerated growth and sustainable development : twenty -ninth sessions of the commission and twentieth meeting of the conference of ministers responsible for economic and social development and planning

Abstract

This document outlines the urgent need for building critical capacities in Africa to achieve accelerated growth and sustainable development. It highlights challenges such as economic stagnation, population growth, and political transitions, emphasizing investments in human capital, institutional strengthening, and infrastructure. The report calls for increased domestic savings, debt relief, and external support to meet a projected $1.6 trillion investment requirement (1995–2005). It underscores regional integration, post-conflict recovery, and leveraging South-South cooperation to foster competitiveness and equitable development.