The CPIA Africa report highlights policy trends, best practices, and key changes in Sub-Saharan Africa, following the World Bank's annual Country Policy and Institutional Assessment (CPIA). The analysis is designed to assess the elements of policies and institutional arrangements within a country's control for promoting sustainable growth and poverty reduction. Discussion is limited to countries eligible for financing from the International Development Association (IDA), the part of the World Bank that supports the world’s poorest countries. With government investment and spending in Sub-Saharan Africa currently constrained, there is an urgent need for the private sector to accelerate. This year's CPIA Africa report focuses on reforms across policy areas that bolster private sector growth and highlights the policy trends that have been instrumental in supporting business development in 2023. The CPIA 2024 report for Africa underscores several key developments. First, the region has made significant strides in economic management and policies for social inclusion and equity, surpassing the global IDA average. However, the slower improvement in the governance cluster remains a concern. Second, the region has implemented reforms to enhance resilience to international economic shocks, particularly in central bank independence and transparency. Nonetheless, exchange rate pressures have posed challenges for countries actively managing exchange rate fluctuations. Third, the growing debt service obligations in the region limit the amount of resources available for public-sector investment. Public spending is especially constrained in countries with heightened concerns about external debt distress with some countries resorting to increased arrears and monetary financing. Finally, the report highlights two major trends offering hope for private sector growth: digital technology and increased intraregional trade. These trends have the potential to be transformational and provide significant opportunities for increased competition, FDI inflows, and economic diversification.
Authors
- Citation
- “ World Bank . 2024 . CPIA Africa, June 2024: Structural Reforms for a Vibrant Private Sector . © Washington, DC: World Bank . http://hdl.handle.net/10986/41830 License: CC BY-NC 3.0 IGO . ”
- Collection(s)
- Institutional and Governance Review
- Pages
- 124
- Published in
- United States of America
- Rights
- CC BY-NC 3.0 IGO
- Rights Holder
- World Bank
- Rights URI
- https://creativecommons.org/licenses/by-nc/3.0/igo
- UNIT
- Office of the Chief Economist for the Africa Region
- URI
- https://hdl.handle.net/10986/41830
- date disclosure
- 2024-07-15
- region administrative
- Africa
- region geographical
- Africa , Sub-Saharan Africa
Files
Table of Contents
- DES RÉFORMES STRUCTURELLES POUR UN SECTEUR PRIVÉ DYNAMIQUE 1
- DES RÉFORMES STRUCTURELLES POUR UN SECTEUR PRIVÉ DYNAMIQUE 3
- Table des matières 5
- Résumé 11
- Introduction 15
- Section 1 Contexte politique 17
- Section 2 Analyse des notes de la CPIA et tendances pour 2023 24
- Section 3 Analyse des composantes de la CPIA 30
- GROUPE A GESTION ÉCONOMIQUE 30
- GROUPE B POLITIQUES STRUCTURELLES 41
- GROUPE C POLITIQUES EN FAVEUR DE LINCLUSION SOCIALE ET DE LÉQUITÉ 51
- GROUPE D GESTION DU SECTEUR PUBLIC ET INSTITUTIONS 66
- BÉNIN 78
- BURKINA FASO 79
- BURUNDI 80
- CABO VERDE 81
- CAMEROUN 82
- COMORES 83
- CONGO RÉPUBLIQUE DU 84
- CÔTE DIVOIRE 85
- ÉRYTHRÉE 86
- ÉTHIOPIE 87
- GAMBIE 88
- GHANA 89
- GUINÉE 90
- GUINÉE-BISSAU 91
- KENYA 92
- LESOTHO 93
- LIBÉRIA 94
- MADAGASCAR 95
- MALAWI 96
- MALI 97
- MAURITANIE 98
- MOZAMBIQUE 99
- NIGER 100
- NIGÉRIA 101
- OUGANDA 102
- RÉPUBLIQUE CENTRAFRICAINE 103
- RWANDA 105
- SÃO TOMÉ-ET-PRÍNCIPE 106
- SÉNÉGAL 107
- SIERRA LEONE 108
- SOMALIE 109
- SOUDAN 110
- SOUDAN DU SUD 111
- TANZANIE 112
- TCHAD 113
- TOGO 114
- ZAMBIE 115
- ZIMBABWE 116
- CPIA Afrique Comparez votre pays 117
- Annexe A Critères de la CPIA 118
- Annexe B Groupes de pays et classification 119
- Annexe C Guide de la CPIA 121
- Annexe D Modalités dexécution de la CPIA 122
