OECD and Africa

Did you know that over the last ten years, the largest bilateral donors to Africa, excluding debt forgiveness, were the United States and France? The US has focused aid on Egypt, Ethiopia and Sudan, whereas France’s main aid recipients have been Morocco, Mayotte and Senegal.
This is just one of many instructive facts to come from a new short report, OECD and Africa 2008. The OECD’s relations with Africa have been strengthened since the launching of the New Partnership for Africa’s Development (NEPAD) and contacts organised in May 2002. Indeed, the OECD now has a mandate that calls for it to co-operate with the African Union/NEPAD. It focuses on four domains which are spelt out and explained in this report: 1. The African Peer Review Mechanism; 2. Peer learning and policy dialogue in support of reform; 3. Aid policies and aid effectiveness; 4. The monitoring of development trends and progress.OECD and Africa 2008 provides an overview of the OECD’s activities in each of these areas. In 2006, the OECD established a special unit to support, in close collaboration with AU/NEPAD, the work of the Africa Partnership Forum. It also collaborates with the African Development Bank and the United Nations Economic Commission for Africa in the production of the African Economic Outlook. Download OECD and Africa 2008 at www.africapartnershipforum.org, click “Don’t miss”. ©OECD Observer No 267 May-June 2008


Economic data

GDP growth: +0.3% Q3 2019
Consumer price inflation: 1.8 % Nov 2019 annual
Trade (G20): -0.7% exp, -0.9% imp, Q3 2019
Unemployment: 5.1% November 2019
Last update: 15 January 2020

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