Can Africa survive the global aid squeeze? Yes, but it will take financial discipline
As foreign aid declines and debt pressures mount, African governments face difficult choices. But could this moment also mark a turning point?
In a new article for The Conversation, Dan Banik and Hafte Gebrihet argue that Africa’s future depends less on external assistance and more on stronger fiscal discipline, domestic resource mobilisation, and effective implementation of the African Union’s Agenda 2063. Rather than calling for another grand vision, they make the case for financing and delivering on the one that already exists.
The article explores how African countries can build greater resilience, strengthen ownership of their development agendas, and navigate an increasingly uncertain global landscape.
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