Private Sector’s Role in Africa’s Development

Private sector can play a significant role in Africa’s development and the UN Global Impact is working with governments and other stakeholders to promote responsible business practices. At a recent virtual event organized by this UN body, businesses discussed ways in which they can recover from the Coronavirus pandemic, while contributing to the fight against poverty, corruption, and human rights abuses among other challenges in Africa.

The resource-rich continent can generate a lot of wealth to improve the lives of its inhabitants but often these resources are exploited to benefit only the rich. For a border outpost with just three motels, three cafes, three grocery stores, two gas stations and a hairdresser, one might find Guerguerat’s description as Morocco’s gateway to Africa, a little farfetched. And yet two weeks ago, Morocco launched a military operation along this border, arguing it was done in the interest of Africa and Europe.

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