Financing Sustainable Development in Africa

  • Uchenna R. Efobi
  • Simplice Asongu

Table of contents

  1. Front Matter
    Pages i-xviii
  2. Simplice Asongu
    Pages 1-9
  3. Financing in Africa for Sustainable Development

  4. Domestic or Foreign Investment for African Development

  5. Human Development in Africa for Sustainability

  6. Industrial Development in Africa for Sustainability

    1. Front Matter
      Pages 367-367
    2. Isaac Koomson, Muazu Ibrahim
      Pages 369-396
  7. Back Matter
    Pages 451-454

About this book


This edited volume provides a critical evaluation of financing options for sustainable development in Africa. While sustainability has long been the watchword for development programs, and while many African countries have taken initiatives to develop integrated frameworks that tackle developmental challenges—including poverty, education, and health—financing has remained a challenge. In this book, an expert team of chapter authors examines new financing options while also exploring how traditional financing means, such as foreign aid and foreign direct investment, can be more effective for sustainability. The authors discuss how African nations can build adequate structures and productive capacity to create a platform that can meet present economic, social, and environmental needs without compromising the ability of future generations to meet their own needs. Practical case studies and scientific evidence give this book a unique approach that is both qualitative and quantitative. This book will be of interest to students, practitioners, and scholars of development studies, public policy and African economics. 


external capital flows foreign direct investment sustainable economic development inclusive human development Domestic Resource Mobilisation natural resources sustainability Sub-Saharan Africa Ghana Tanzania energy financing economic growth

Editors and affiliations

  • Uchenna R. Efobi
    • 1
  • Simplice Asongu
    • 2
  1. 1.Covenant UniversityOtaNigeria
  2. 2.African Governance and Development InstituteYaoundéCameroon

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2018
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-78842-5
  • Online ISBN 978-3-319-78843-2
  • Buy this book on publisher's site