Economic transformation and job creation in Africa – a review of DFID’s work
DFID is showing a welcome increase in ambition as it aims to improve economic development and create jobs in Africa, a new ICAI review has found.
The department has pursued a well-considered approach to building up its knowledge and expertise in the area of inclusive growth, doubling its global investment in economic development – from £934 million in 2011-12 to £1.8 billion in 2015-16.
With some 10 to 12 million young Africans entering the jobs market each year, ICAI’s review said this was a positive commitment.
For example in Ethiopia, DFID is supporting access to finance for poor households and businesses, particularly female-led firms, and is investing in specific areas – textiles, leather, and horticulture – which have the potential to transform parts of the country’s economy in ways which benefit the poorest.
However aspects of the department’s work to bring about inclusive growth are of variable quality.
Read the full review for more information.