advocate
Business Action for Africa advocates for the policies needed to drive growth and wealth creation in Africa, and to facilitate business engagement in tackling development issues.
Business has a critical role to play in accelerating growth and wealth creation in Africa. We believe that the greatest contribution business can make is by doing good business: generating jobs and economic opportunities, innovative goods and services, and the tax revenues needed to fund public services. Businesses are increasingly innovating around commercially viable business models that bring enhanced development impacts.
Governments, donors and civil society organisations are important partners in building an enabling environment for businesses of all sizes, and ensuring poor people are able to access the economic opportunities that are generated.
Activities
The Path to a Prosperous Africa: A Business Perspective
In 2007, Business Action for Africa published an agenda for promoting Africa’s development. The starting point is that “accelerating and sustaining growth is the most important and sustainable way to reduce poverty. The biggest impact that governments and donors can have is by enabling business - large and small, domestic and foreign - the engines of this growth, to flourish. Recognising that the vast majority of poor people depend on a vibrant private sector for their livelihoods, aid should target the constraints of inadequate infrastructure, poor governance, and an economic and regulatory climate that is often hostile to investment and trade barriers”.
The report sets out recommendations in seven areas: Governance & Transparency; Trade; Climate for Business; Enterprise & Employment; Human Development; Climate Change and Africa; Perceptions of Africa.
