Overview

African countries continue to face a perennial shortage of resources to finance public and private investment, which constrains their ability to accelerate growth. The chronic resource gap arises from imbalances between exports and imports, between resource inflows and debt payments, and between domestic savings and domestic investment (figure 1). Resource shortages limit the ability of governments on the continent to undertake public expenditure in infrastructure and social services needed to boost domestic demand, encourage private sector activity, and sustain high levels of economic growth.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities

Partnerships for the Goals