Africa: Failure to deal with poverty places bank in the spotlight

The challenge of the coming decade demands new approaches in dealing with the underlying causes of poverty in Africa. Importantly there is a need for the African Development Bank (AfDB) to transform into a development finance institution that is relevant to Africa’s long term development. There is a need to establish alliances with grassroots organisations and civil society in developing breakthrough solutions to the myriad of problems that besiege the African continent, says this paper from AFRODAD, a research, lobby and advocacy organisation.