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Africa’s COVID-19 Recovery Challenge: How the G20 Can Bridge the Development Financing Gap
The policy brief examines the severe fiscal constraints facing African countries during COVID-19 recovery, noting that while advanced economies mobilised about 6% of GDP, African countries mobilised barely 1%. It highlights the inadequacy of current debt relief mechanisms like the DSSI and the Common Framework, and the high cost of borrowing from international capital markets due to unfair credit ratings. The author proposes five policy priorities: establishing national donor coordination frameworks, reallocating public investment to de-risk private projects, extending the DSSI for two years with partial debt cancellation, creating a transparent multilateral framework for debt resolution involving commercial creditors, and exploring the establishment of independent, publicly owned credit rating agencies.
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Document type: Policy brief
Increasing Regional Collaboration for Youth Labor Mobility to Expand Job Opportunities and Skills Development for Young People
A keynote speech delivered by Mavis Owusu-Gyamfi of the African Center for Economic Transformation (ACET) at the Youth Connekt Africa Summit, advocating for increased regional labor mobility to address youth unemployment and skills gaps in Africa.
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Document type: Statement
The Incremental Approach to Governing Mercury
The document traces the path from the 1972 Stockholm Conference to the 2017 entry into force of the Minamata Convention on Mercury. It highlights the role of activism and scientific evidence in driving global action and details the treaty's mechanisms for phasing out mercury-added products and regulating artisanal and small-scale gold mining (ASGM). The brief also explains that the discrete nature of mercury's industrial sources and a stronger scientific consensus on its global threat allowed it to move toward a binding treaty, whereas lead and cadmium remain managed through voluntary partnerships and regional agreements.
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Document type: Policy brief
Protecting the Right to Tax Mining Income
The document argues that standard tax treaty models (OECD and UN) may lead to significant revenue losses for resource-rich developing countries if not adapted for the mining sector. It identifies three primary risks: the inability to tax offshore indirect transfers of mining assets, subcontractors avoiding a taxable presence (permanent establishment), and the loss of withholding tax on technical and management services. To mitigate these, the guide recommends adopting comprehensive domestic definitions of immovable property, implementing 'Extractives PE' or standalone extractive industry articles in treaties, and utilizing standalone 'fees for technical services' articles. It also warns against the 'locking in' of unsustainable tax benefits through fiscal stabilization clauses in Mining Concession Agreements (MCAs).
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Document type: Guide
PROTECCIÓN DEL DERECHO A GRAVAR LOS INGRESOS PROCEDENTES DE LA MINERÍA
The document examines how tax treaties can lead to significant revenue losses for resource-rich developing countries through indirect asset transfers, subcontractor tax avoidance, and the erosion of the tax base via technical service fees. It analyzes 86 sample treaties and provides specific drafting recommendations, such as adopting standalone extractive industry articles, expanding the definition of 'immovable property' in domestic law, and implementing lower time thresholds for permanent establishments to ensure mining revenues are captured effectively.
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Document type: Guide
China-powered ICT Infrastructure: Lessons from Tanzania and Cambodia
The document examines China's role as a primary funder and contractor of ICT networks in the Global South, specifically through the Digital Silk Road (DSR) initiative. It compares the implementation of a submarine fibre optic cable in Cambodia and the National ICT Broadband Backbone in Tanzania. The analysis finds that while these projects generally had limited environmental impacts and provided essential connectivity, they suffered from a lack of transparency and mixed results in socioeconomic mitigation, such as limited high-level technology transfer and underutilisation of infrastructure.
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Document type: Policy brief
Why Rubber Must be Kept in the EU’s Anti-Deforestation Law
Mighty Earth argues that the European Commission's decision to exclude natural rubber from its proposed anti-deforestation law is based on an incomplete dataset that ignores processed rubber imports. The briefing highlights that rubber expansion has caused millions of hectares of forest loss in Southeast Asia and Africa, and warns that a projected 33% increase in global demand by 2030 will further drive biodiversity loss and carbon emissions.
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Document type: Briefing
PROGRESS ON THE NEW YORK DECLARATION ON FORESTS
The report finds that while the Paris Agreement has integrated forests into the international climate agenda, national ambitions in NDCs remain insufficient and often lack quantitative targets. Public finance for forest climate goals is a small fraction of the required amount, with 'grey' finance for deforestation-driving sectors vastly outweighing 'green' investments. While many countries have established REDD+ programs and robust monitoring systems, implementation is hindered by weak governance, widespread illegality, and a lack of secure land tenure for Indigenous Peoples and Local Communities (IPLCs). The report recommends scaling up domestic and international finance, strengthening land rights, and expanding demand-side regulations in consumer countries to curb illegal deforestation.
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Document type: Report
Review of the Security Situation in the West African Sub-Region: Advocating for Security Improvement to Promote Regional Development
The report analyzes the security landscape of West Africa, identifying a complex interplay of weak governance, economic inequality, and emerging threats like violent extremism and transnational crime. It highlights how these factors undermine regional stability and development, particularly in the Sahel. While Ghana is relatively stable, it faces risks from porous borders and internal community tensions. The document recommends pursuing economic integration via the AfCFTA, addressing youth unemployment, and strengthening regional security alliances to combat terrorism and trafficking.
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Document type: Report
GENDER DIMENSIONS OF OCEAN RISK AND RESILIENCE IN SIDS AND COASTAL LDCS
The report examines how gender norms and power dynamics influence vulnerability and adaptive capacity in the ocean economy of SIDS and coastal LDCs. It highlights the undervalued roles of women in small-scale fisheries and tourism and analyzes how climate change, market shifts, and COVID-19 disproportionately affect women due to socio-economic structures. The document advocates for the systematic collection of sex-disaggregated data, the implementation of gender-transformative policies, and the alignment of international finance, such as Official Development Assistance (ODA) and climate risk insurance, with gender equality goals to enhance overall community resilience.
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Document type: Report
Walking with the Bear? Russia and the A3 in the UN Security Council
The document investigates whether Russia exerts significant influence over African states in the UN Security Council (UNSC) by analyzing voting patterns between 2014 and 2020. It argues that Russia's influence over the A3 is often exaggerated, as statistical evidence shows that African member states remain more aligned with the P3 (US, UK, and France) and are largely independent of Russian vetoes and abstentions. While the A3 have increasingly sought to present unified positions on African peace and security issues, their voting behavior on non-African files shows a declining coincidence with Russian positions over time.
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Document type: Policy brief
Zero Hunger Summary of Pledges and Commitments
As of May 24, 2022, 43 companies have committed USD 458 million across 48 countries to support the Zero Hunger Private Sector Pledge. The largest individual commitments come from Bayer (USD 160 million) and PepsiCo (USD 100 million), with significant regional focus on Africa, Asia, and Latin America.
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Document type: Fact sheet
Subnational Climate Fund
The Subnational Climate Fund (SnCF), approved by the GCF in 2020 and running through 2028, aims to mobilize USD 750 million to support approximately 40 subnational projects with deal sizes between USD 5 million and 75 million. The fund utilizes a Technical Assistance Facility and USD 150 million in concessional equity from the GCF to attract USD 600 million in commercial equity, targeting subnational governments that lack fiscal autonomy or the ability to borrow from international capital markets. The fund involves 42 countries, including 16 in Africa, and focuses on projects aligned with NDCs that incorporate Nature-based Solutions.
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Document type: Case study
Adaptation Benefits Mechanism
The Adaptation Benefits Mechanism (ABM) is a results-based financing tool that uses grants to repay commercial investors based on third-party valuations of adaptation benefits. Launched in 2019 and running through 2023, the pilot phase aims to deploy USD 50 million, with the African Development Bank leading implementation. The mechanism is particularly suited for land use and forestry projects and requires the involvement of project beneficiaries in design and monitoring. While applicable globally, Ghana and Cote d’Ivoire are identified as the most supportive countries for proposing pilot projects.
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Document type: Case study
West Africa Coastal Areas Resilience Investment Project (WACA 2)
The WACA program aims to strengthen coastal resilience in Benin, Côte d’Ivoire, Mauritania, São Tomé and Príncipe, Senegal, and Togo by mainstreaming climate risks into national policies and investing in transport, urban, and natural resource sectors. Supported by a USD 222 million package approved by the World Bank in 2018, the initiative utilizes a 'WACA Marketplace' to match investment demand with partner financing. As of June 2021, 17% of committed funds were disbursed, with specific outcomes in Benin including the securing of 3,500 households from erosion and flooding. The document highlights that the success of such regional instruments depends on strong regional cooperation, political stability, a pipeline of bankable projects, and currency stability.
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Document type: Case study
Subsidized Impact Investing Funds: AgDevCo
AgDevCo utilizes concessional capital and technical assistance to develop commercially viable agri-businesses in Sub-Saharan Africa, exemplified by the establishment of Zambia's first commercial seed potato producer, Saise Farming Enterprises Ltd. The organization leverages a mix of private and DFI funding to de-risk investments and build climate-resilient agricultural value chains.
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Document type: Case study
African Risk Capacity
The African Risk Capacity (ARC) operates as a mutual insurance company and agency to help African Union members manage climate shocks through weather-index insurance. Since 2014, ARC Ltd has provided USD 720 million in coverage and paid USD 65 million in claims, primarily targeting the agriculture sector. Participation requires the use of Africa RiskView (ARV) software to define payout thresholds based on rainfall deviation. The program's viability depends on robust subnational climate data, government technical expertise in sovereign insurance, and high-level political awareness.
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Document type: Case study
Long-term FX risk management (TCX)
TCX addresses currency and interest risk in emerging and frontier markets by providing long-term fixed- and inflation-linked cross-currency and interest rate swaps. Since 2013, it has de-risked nearly USD 8.4 billion of external lending across 70 currencies. In 2020, Sub-Saharan Africa was the second most active region, representing 19% of de-risked finance (USD 187 million) across 18 countries. The model relies on high-credit-rated counterparties, such as development finance institutions, to manage credit risk and connect solutions to end-clients. While 70% of 2020 supported financing targeted microfinance and SMEs, infrastructure and renewable energy projects accounted for approximately 6%.
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Document type: Case study
What Does the G7 Proposal on Taxation of the Digitalised Economy Mean for African countries?
The document examines the G7 proposal for taxing the digitalised economy, specifically the OECD's Pillar 1 and Pillar 2. It argues that the US-led amendments—including a 15% global minimum effective tax rate and high revenue thresholds for Pillar 1—disadvantage African nations. The brief highlights that many MNEs operate in Africa without a physical presence, exploiting loopholes to avoid tax. It warns that the proposed rules may force African countries to surrender unilateral taxing rights (like Digital Service Taxes) without gaining significant revenue, as most MNEs in Africa fall below the G7's high thresholds. The authors advocate for a UN-led global tax body to ensure greater legitimacy and equity.
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Document type: Policy brief
Navigating beyond gender in the maritime sector
The report examines gender inequality in the African maritime sector, highlighting that current frameworks often equate gender equality solely with women's inclusion. It advocates for an intersectional analysis—considering race, age, and class—to address the systemic exclusion of youth and other marginalised groups. The document reviews African Union maritime instruments, finds a lack of implementation and data, and provides examples of gender-sensitive initiatives in fisheries and coastal management.
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Document type: Report