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Additional info for African Economic Outlook 2005/2006
These developments may, in turn, foster private sector development and attract larger foreign investment flows. Recognising this, donors have once again made infrastructure a priority on the international development agenda. For example, infrastructure was a major issue at the September 2005 “UN Millennium plus 5 Summit”, as well as a central theme of the March 2005 report by the Commission for Africa. 21. A concept developed in South Africa to describe the poor accessibility and mobility characteristics of the townships, “stranded mobility” connotes both the lack of adequate transport to service locations and the absence of adequate services in the township locations themselves.
Three countries (the Central African Republic, the DRC and Rwanda) experienced small deteriorations in their trade balances. In 2006 and 2007 the trade surpluses of most oil-exporting countries in Central Africa are expected to decrease slightly. 3 per cent in 2004. 4 per cent); trade deficits also widened in Djibouti, Ethiopia, Kenya and Uganda. 2 per cent in 2005. 1 per cent in 2004, as a result of rising oil production and prices and of increased diamond production. The trade balance worsened in all other Southern African countries, except in Mozambique, where it marginally improved in 2005, thanks to buoyant aluminium exports.
A. a. a. a. 85 Source: The Heritage Foundation/The Wall Street Journal, 2006 Index of Economic Freedom. © AfDB/OECD 2006 African Economic Outlook 45 Overview 46 revenues and update it regularly. The creation of Burkina Faso’s new High Commission for the Coordination of Anticorruption Activities (HACLS) was met with optimism, and the success of the country’s broader anticorruption strategy is closely tied to the ability of this new body to take on high-profile corruption cases. However, the failure of the government to publish the commission’s 2004 report signals that important challenges still remain.