Mobilizing and allocating external financing for Africa

March 16, 2021 > March 17, 2021, En ligne

Two online events (16 and 17 March 2021) to contribute to the Summit on Financing African Economies.

The COVID-19 pandemic has taken a significant toll on African economies, translating notably into growing fiscal and external imbalances and worsening growth and poverty outcomes. Due to limited policy space, many countries on the continent will be constrained in their ability to implement expansionary macroeconomic policies to stimulate post-crisis recovery. In order to bolster prospects for a stronger and sustainable economic recovery, African governments will therefore need to mobilize significant additional external financing. 

Ahead of the Summit on Financing African Economies, the Center for Global Development (CGD) and the Fondation pour les Études et Recherches sur le Développement International (FERDI) are co-hosting a two-day panel discussion: the first on the mobilization of external financing to support strong, inclusive and sustained post-COVID19 economic recovery in Africa and, the second one on the challenges and opportunities associated with the allocation of concessional financing for the continent. The panels will feature government officials, policy makers and subject experts, who will have an open discussion on challenges and options for mobilizing external financing and allocating concessional finance to African countries, following a presentation on the topic. 


Tuesday, March 16th

Participants discussed available financing options, while assessing their respective merits and limitations. They explored the role of African governments, bilateral and multilateral partners and the private sector in mobilizing further public and private external financing for Africa, moving beyond concepts and proposals to concrete actions over the next few months. 



  • Mark Plant, Co-Director of Development Finance, and Senior Policy Fellow, Center for Global Development (CGD)
  • Matthieu Boussichas, Head of Programmes, FERDI


  • Daouda Sembene, Distinguished Non-Resident Fellow, Center for Global Development (CGD) 


  • William Roos, Co-Chairman of the Paris Club 
  • Vera Songwe, Executive Secretary, United Nations Economic Commission for Africa (ECA) 
  • Njuguna Ndung’u, Executive Director, African Economic Research Consortium (AERC)
  • Alexia Latortue, Deputy Chief Executive Officer of the Millennium Challenge Corporation (MCC)


Wednesday, March 17th

Participants discussed how public financing, in particular concessional one, should be allocated among African countries, how their vulnerability can be taken into account and in this perspective they again explored the role of bilateral and multilateral partners. 



  • Masood Ahmed, President, Center for Global Development (CGD)
  • Patrick Guillaumont, President, Fondation pour les Etudes et Recherches sur le Développement International (FERDI)


  • Laurent Wagner, Research Officer, Fondation pour les Etudes et Recherches sur le Développement International (FERDI)


  • Bruno Cabrillac, Deputy Director General of Statistics, Studies and International Relations at Banque de France
  • Nathalie Delapalme,  Executive Director of the Mo Ibrahim Foundation
  • Shantayanan Devarajan, Pr Georgetown University, Non Resident Fellow CGDev
  • Gnounka Diouf,  Minister Counsellor to the President of the Republic of Senegal
  • Ngueto Tiraïna Yambaye, Director General of the African Guarantee and Economic Cooperation Fund and former Minister of Economy, Planning and Development of Chad 


  • Center for Global Development (CGD)
  • Fondation pour les Études et recherches sur le développement international (Ferdi)