Africa's external resource requirements and the bank group: a ten year perspective

Abstract

The document discusses Africa's external resource requirements over a ten-year period (1992-2001) and the role of the African Development Bank (ADB) in meeting these needs. It highlights the economic challenges faced by Africa in the 1980s and the need for substantial external financial resources to support sustainable growth. The paper provides estimates of the required external resources, compares them with those of the World Bank and the United Nations, and outlines the ADB's potential contributions through non-concessional and concessional funding, co-financing, and technical assistance.