Africa Development: How the new strategy of the world Bank will help build the continent?

Everyone know about the famous structural adjustment Program put on place by the world bank in the year 1980 in Africa. This programs were to help Africans countries to come through developement. But it wasn't the case.

For the populations, Consequences were many on social life. At least everyone agree that those programms were a bad strategy for the developement of the continent. A few countries benefit from those programms put on place whithout taking in consideration the africans needs.

Today the world bank is launching a new strategy for the developement of the continent. Why the strategy is different? what it is about? and how africans can benefit from this new strategy?

What the strategy is different?

It is important to notice that this new strategy is the result of a long plan consultation in Africa and worldwide.

For the worldBank, it was important to ask people how the development of africa can be done.. which areas the policies of the world bank need to be emphasies.. 

This appear in the words of Obiageli Ezekwesili, the Vice President of the World Bank for Africa Region."... We therefore used the opportunity of our new Africa Strategy to listen, learn and define how we could better support the continent's aspiration as it maintains the momentum of economic reforms over the next decade,”  She said. 

i remember i myself that i fill one of their forms. Then this new strategy of the worldbank today is not the product of worldbank experts only but is made with the participations of all.

More the strategy is a 10 years plan after which Africans economies are suppose to take off.

The strategy will put Africans citizens in the middle of the strategy, by allowing   more dialogue since they demand more participation in the development process of the continent.

At least the strategy is also different because the worldbank will act more like a partner for the developement of the continent. A partner to work with all those  involv in developpement through the continent.

Partner to support what is need to be done by the States, what is plan by the States in Africa, and not only give money for finance.

What the strategy it is about? 

Even today not  it is not easy to understand what the old strategy of the Bank, mainly those structural adjustment Programmm were about.

With the new 10 years action plan of the bank, 3 mains areas will be on top.

     1. Competitiveness and employment: in this domain, the Bank want to strenghned the working capacities in the continent, create more jobs for thousands of youngs coming from shools every year and make business easier. In this line, investment and infrastructure will need to follow in order to permit this objectives.

     2. Vulnerability and resilience :  Poverty in Africa is more emphasise by the existence of many deseases. The Worldbank for the 10 upcoming years will focus on health, climate change and strenghning goverments capacities for more equity in sharing national ressources.

      3. Governance and public sector capacity : The fight against corruption in Africa is more the fight against the active corruption: putting in place strategies to fight corruption and put in jail those who are responsibles of weak management of public funds.

But  nothing is done to fight the QUIET CORRUPTION. the new strategy of the bank aim to gives africans the information on what they should expect from their goverments.By doing this the bank will help those goverments to improve their capacities and systems to deliver basic services and manage accounts.

    How Africans can benefit from the strategy ?

After several years of public Aid and thousands of billions the african continent is always at the same place. If those financial resources has been well uses the economies of the continent would have take off.

That is why all need to be done by African and the Bank this time, to help africa benefit from the strategy. 

For that africans Goverment need to understand this new departure for their economies, sensitize their citizens on it.

The worldbaank need to be very careful in monitoring the implementation of the strategy. It have to emphasis in his partnership with the civil society and other partners than the Goverment, since the strategy is the will of the citizens of the continent.