Yesterday was the first day of the inaugural U.S.-Africa Leaders Summit in Washington, DC. Representatives from CIPE’s partners in Africa – including association and chamber leaders from CIPE’s KnowHow mentorship program – in addition to 200 other government, private sector, and civil society leaders from Africa attended the summit’s Civil Society Forum. With seven of the world’s fastest growing economies and a fast-rising middle-class, no one can doubt the potential for economic prosperity in Africa. What’s questionable, however, is how African nations will achieve this prosperity. And the answer should be through inclusive democracies. Global initiatives like the Open Government Partnerships are already building momentum towards open governments that empower citizens in Africa. Moreover, as Secretary Kerry and Vice President Biden noted in their remarks today, sustainable economic growth can only come from accountable and transparent societies that address corruption. For more African nations to take advantage of opportunities and accelerate growth, governments, civil society, and the business community must confront corruption. This is where CIPE’s partners in Africa can come into play. Situated in between the private sector and government, business associations and chambers of commerce can best represent the private sector to improve governance and eliminate corrupt practices that impede market development. The Kenya Association of Manufacturers, for instance, partnered with CIPE and Global Integrity to engage relevant stakeholders in developing recommendations for the local governments to improve service delivery and minimize corruption. It will be interesting to see what happens next after these high-level business, government, and civil society leaders return to their home countries. Certainly, going beyond rhetoric will be a requirement to systematically tackle corruption and help countries meet their potential. Maiko Nakagaki is a Program Officer for Global Programs at CIPE.
Business Magazine
Fighting Corruption is Key for Growth in Africa
Posted on the 05 August 2014 by Center For International Private Enterprise @CIPEglobalAuthor's Latest Articles
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