Over the past 15 years, the composition of development finance has undergone tremendous changes. What was previously dominated by official development assistance (ODA) provided by traditional ...

Foreign assistance is dwarfed in terms of funding by developing countries’ own financial resources. As many traditional donors continue to deal with the after effects of the global financial crisis, ...

The flagship report by the Office of the Special Adviser on Africa highlights the importance of mobilizing domestic resources as the primary means to finance the Sustainable Development Goals and ...

Officials of the Government of Liberia, representatives of the Export-Import Bank of Korea, and the African Development Bank pose for a group photo following the signing of the Aid Memoire in Monrovia ...

African economists and development leaders have called for sweeping governance reforms, stronger domestic resource mobilization, and innovative partnerships to accelerate economic transformation ...

WASHINGTON, June 15, 2023 – The World Bank has approved $150 million in financing from the International Development Association (IDA)* to help Benin increase the efficiency of domestic resource ...

The International Monetary Fund (IMF) and its development partners launched new phases of the Managing Natural Resource Wealth (MNRW-TF) and the Revenue Mobilization (RM-TF) trust funds during the ...

The African Development Bank Group (AfDB) is a multilateral development finance institution established to contribute to the economic development and social progress of African countries. The AfDB was ...