Africa's Development Dynamics 2023

Investing in Sustainable Development

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Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices across the continent. Drawing on the most recent statistics, the analysis of development dynamics aims to assist African leaders in reaching the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.

This edition explores how Africa can attract investments that offer the best balance between economic, social and environmental objectives. Its fresh data and analysis aim to help policy makers improve risk assessments, strengthen African-led partnerships, and accelerate regional integration in ways that increase sustainable investments. Two continental chapters examine Africa’s investment landscape and related policy priorities. Five regional chapters offer tailored recommendations in strategic areas including natural ecosystems, renewable energy, climate finance and agri-food value chains.

Africa’s Development Dynamics feeds into a policy debate between the African Union’s governments, citizens, entrepreneurs and researchers. It proposes a new collaboration between countries and regions, focusing on mutual learning and the preservation of common goods. This report results from a partnership between the African Union Commission and the OECD Development Centre.

English Also available in: Portuguese, Italian, French

Investing in renewable energies for Southern Africa’s sustainable development

This chapter examines the development of sustainable investments with a focus on the renewable energy sector in Southern Africa (Angola, Botswana, Eswatini, Lesotho, Malawi, Mozambique, Namibia, South Africa, Zambia and Zimbabwe). The first section shows that multiple global crises have exacerbated sustainable investment needs, while the region’s sources of finance offer untapped potential to spur sustainable growth. The second section explores how investments in the region’s renewable energy sector can generate social, economic and environmental development gains. It identifies major constraints hampering the investments that are needed to achieve energy security and a just energy transition. The third section proposes policy priorities to catalyse investments in Southern Africa’s renewable energy sector.

English Also available in: Portuguese, French


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