Europe Development News |
Liberian President: EU Companies Should Be More Active In Africa
President Ellen Johnson Sirleaf of Liberia has emphasised the need for economic growth to stimulate development in Africa during a meeting with the Dutch Labour Party, Donortracker reports. Johnson Sirleaf criticised European donors for not investing enough to improve economic relations with Africa, and encouraged European companies to play more of an active role in Africa.
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Credit: Flickr user DFID |
Budget Hawks Circle EU Development Aid
Negotiations on the EU's next seven year budget have started ahead of next week's summit, and EU insiders are expecting a deal to include cuts of up to 200 billion, ECDPM reports. Development spending is expected to be badly effected, given the 7.3% reduction proposed under the 'Global Europe' section of the 'Negotiation Box' which EC discussions will be based around. Development funding falls under this section, which faces proportionally the biggest cut of all with a proposed reduction from 70 billion to 65 billion.
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Credit: Flickr user aranjuez1404 |
UK Launches New Aid Transparency Tool
UK Secretary of State for International Development, Justine Greening, launched the Department for International Development's (DfID) new Open Aid Information Platform at the Open Up! conference in London this week, Devex reports. This platform will provide detailed information on specific DfID projects in developing countries as well as activities by DfID partners, such as multilateral development banks and private sector contractors. See the Open Up! conference information, blogs and agenda.
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Credit: Flickr user DFID |
From Curse To Purse: Making Extractive Resources Work For Development
ECDPM have recently published a new discussion paper that looks at extractive industries in Africa, against the background of recent mineral discoveries and good economic prospects in the last decade. The Paper further zooms in on the various challenges that still plague a number of African resource-rich countries, highlighting the importance of rents and politics. It sets out some foundational elements that could have the potential to make or brake development outcomes.
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Domestic Resource Mobilisation In Developing Countries
Eurodad's Jesse Griffiths explains how successful developing countries have become in mobilising their own private sector resources, despite the global economic crisis. In some graphs made from the World Bank's online database, Griffiths shows Gross Capital Formation as a share of GDP across low, lower middle and upper middle income countries. Take a look.
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