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Fifth session of the Africa Regional Forum on
Sustainable Development
Strengthening the Means of
Implementation and
Partnership for SD
Thierry Amoussougbo, UNIDEP
16 - 18 April 2019
Marrakech, Morocco
1
Fifth session of the Africa Regional
Forum on Sustainable Development
Empowering people and ensuring
inclusiveness and equality
Means of implementation & Partnership OUTLINE UNECA.ORG
GOAL 17 OUTLINE
2
 FINANCE
 TECHNOLOGY & CAPACITY
 TRADE
 KEY MESSAGES
2
Means of implementation & Partnership FINANCE UNECA.ORG
GOAL 17 | FINANCE 3
 Large financing needs
 Annual investment needs: $600-638 bn; ≈1/3 of total GDP
 Infrastructure financing gap stands at between $50 billion and $93 billion
 Government revenue-to-GDP ratios low; some improvements
 Government revenue-to-GDP ratio ≈24.7% (2000-2017);
 Tax-to-GDP ratio ↑ from ≈12% (2000) to 16% (2014)  scope for more
tax revenue generation
 Foreign Direct Investment can finance growth, … investment climate matters.
 FDI to Africa declined from ≈$57 bn <$42 bn (2015-2017)
 FDI inflows projected to ↑ by 20% in 2018 to $50 bn
 Remittances an important source of forex earnings
 Reached ≈$77 bn in 2017 (≈4.3% of GDP)
 Capital markets - a platform for mobilizing long-term capital - through both debt
and equity markets
 But Africa’s capital markets still nascent; account for < 1% of global stock
market capitalization
3
Means of implementation & Partnership TECHNOLOGY & CAPACITY UNECA.ORG
GOAL 17 | TECHNOLOGY and CAPACITY
4
 Africa desperately need STI to address its major SDG challenges
 STI , has been a foundation for socio-economic and environment
transformation
 Harness/promote : research, innovation, investment infrastructure, critical
mass of scientist, digitalization,
 R&D<1% Researchers = 2.2% of the World
 Mobile technology : 444 million inhabitants; employed 3 million
individuals, generated $110 billion and contributed $14 billion to public
funding in sub-Saharan Africa in 2017
 Capacity building and systemic issues
 Most of African countries have developed financing and capacity
development strategies
 Many South-South capacity-building initiatives were implemented in 2018.
 In terms of monitoring and benchmarking the SDG many countries in
Africa lack the capacity to collect, manage and report on SDG
4
Means of implementation & Partnership TRADE UNECA.ORG
GOAL 17 | TRADE
5
 International Trade
 International trade constitutes an engine for inclusive economic growth
and poverty reduction,
 However today, the multilateral trading system is under threat
 Proliferation of trade-restrictive actions  uncertainty multilateral trading
environment
 Moving towards an operational AfCFTA
 World’s largest free trade area since the formation of the World Trade
Organization (WTO)
 Market of 1.2 billion people and a gross domestic product (GDP) of $2.2
trillion
 AfCFTA and African Trade Observatory will significantly enhance
achievement of SDGs and structural transformation in Africa
 Countries need to ratify the Agreement Establishing the African
Continental Free Trade Area and open their borders to ease the movement
of people and goods.
5
Means of implementation & Partnership Key Messages UNECA.ORG
GOAL 17 | Key Messages 6
 Finance
 Implement integrated resource mobilization, budgeting and development
planning processes and decentralized public financial management
 Strengthening capital markets promote enabling env for private sector
investments
 Improving mobilization of non-tax revenue; harness digitalisation
opportunities to widen the tax base, reduce revenue collection costs and
improve tax administration mechanisms
 Technology, capacity, systemic issues
 Promote enabling environment to mainstreaming STI in SDGs, support
infrastructure development, capacity building, research, effective national
and regional innovation systems
 Strengthen capacity of national statistic systems to ensure quality, timely
and up-to-date data on SDGs
 Strong government institutions and processes inclusive of all vulnerable
groups are essential for enhancing the quantity and quality of the means
of implementation.
6
Means of implementation & Partnership Key Messages UNECA.ORG
GOAL 17 | Key Messages 7
 Trade
 Enable the ratification of AfCFTA by all African countries
 Promote the development of AfCFTA related national strategies and plans
7
THANK YOU!
Follow the conversation: #ARFSD2019
More: www.uneca.org/arfsd2019
8

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Strengthening the Means of Implementation and Partnership for SD

  • 1. Fifth session of the Africa Regional Forum on Sustainable Development Strengthening the Means of Implementation and Partnership for SD Thierry Amoussougbo, UNIDEP 16 - 18 April 2019 Marrakech, Morocco 1 Fifth session of the Africa Regional Forum on Sustainable Development Empowering people and ensuring inclusiveness and equality
  • 2. Means of implementation & Partnership OUTLINE UNECA.ORG GOAL 17 OUTLINE 2  FINANCE  TECHNOLOGY & CAPACITY  TRADE  KEY MESSAGES 2
  • 3. Means of implementation & Partnership FINANCE UNECA.ORG GOAL 17 | FINANCE 3  Large financing needs  Annual investment needs: $600-638 bn; ≈1/3 of total GDP  Infrastructure financing gap stands at between $50 billion and $93 billion  Government revenue-to-GDP ratios low; some improvements  Government revenue-to-GDP ratio ≈24.7% (2000-2017);  Tax-to-GDP ratio ↑ from ≈12% (2000) to 16% (2014)  scope for more tax revenue generation  Foreign Direct Investment can finance growth, … investment climate matters.  FDI to Africa declined from ≈$57 bn <$42 bn (2015-2017)  FDI inflows projected to ↑ by 20% in 2018 to $50 bn  Remittances an important source of forex earnings  Reached ≈$77 bn in 2017 (≈4.3% of GDP)  Capital markets - a platform for mobilizing long-term capital - through both debt and equity markets  But Africa’s capital markets still nascent; account for < 1% of global stock market capitalization 3
  • 4. Means of implementation & Partnership TECHNOLOGY & CAPACITY UNECA.ORG GOAL 17 | TECHNOLOGY and CAPACITY 4  Africa desperately need STI to address its major SDG challenges  STI , has been a foundation for socio-economic and environment transformation  Harness/promote : research, innovation, investment infrastructure, critical mass of scientist, digitalization,  R&D<1% Researchers = 2.2% of the World  Mobile technology : 444 million inhabitants; employed 3 million individuals, generated $110 billion and contributed $14 billion to public funding in sub-Saharan Africa in 2017  Capacity building and systemic issues  Most of African countries have developed financing and capacity development strategies  Many South-South capacity-building initiatives were implemented in 2018.  In terms of monitoring and benchmarking the SDG many countries in Africa lack the capacity to collect, manage and report on SDG 4
  • 5. Means of implementation & Partnership TRADE UNECA.ORG GOAL 17 | TRADE 5  International Trade  International trade constitutes an engine for inclusive economic growth and poverty reduction,  However today, the multilateral trading system is under threat  Proliferation of trade-restrictive actions  uncertainty multilateral trading environment  Moving towards an operational AfCFTA  World’s largest free trade area since the formation of the World Trade Organization (WTO)  Market of 1.2 billion people and a gross domestic product (GDP) of $2.2 trillion  AfCFTA and African Trade Observatory will significantly enhance achievement of SDGs and structural transformation in Africa  Countries need to ratify the Agreement Establishing the African Continental Free Trade Area and open their borders to ease the movement of people and goods. 5
  • 6. Means of implementation & Partnership Key Messages UNECA.ORG GOAL 17 | Key Messages 6  Finance  Implement integrated resource mobilization, budgeting and development planning processes and decentralized public financial management  Strengthening capital markets promote enabling env for private sector investments  Improving mobilization of non-tax revenue; harness digitalisation opportunities to widen the tax base, reduce revenue collection costs and improve tax administration mechanisms  Technology, capacity, systemic issues  Promote enabling environment to mainstreaming STI in SDGs, support infrastructure development, capacity building, research, effective national and regional innovation systems  Strengthen capacity of national statistic systems to ensure quality, timely and up-to-date data on SDGs  Strong government institutions and processes inclusive of all vulnerable groups are essential for enhancing the quantity and quality of the means of implementation. 6
  • 7. Means of implementation & Partnership Key Messages UNECA.ORG GOAL 17 | Key Messages 7  Trade  Enable the ratification of AfCFTA by all African countries  Promote the development of AfCFTA related national strategies and plans 7
  • 8. THANK YOU! Follow the conversation: #ARFSD2019 More: www.uneca.org/arfsd2019 8