Since 2011 tariffs have not been adjusted; anytime the idea of tariffs is raised, the people raise their voices no, no, no. We are virtually vandalizing our own assets.”
Dr. Kwabena Donkor, Chairman of Parliament’s Select Committee on Energy, warning the country could soon be plunged into total darkness if immediate steps are not taken to address what he says is the financial crisis facing the Volta River Authority and other power producers.
“Growth is not enough. African countries must provide the right conditions f
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turning natural resources into jobs, optimise their resource revenues through smart taxation and help investors and locals to make the most of linkages.”
Mr. Mario Pezzini, Director at the OECD Development Centre, notes in the African Economic Outlook 2013 that Africa’s agricultural, mining and energy resources could boost the continent’s economic growth and pave the way for a breakthrough in human development.
We need to take united action now because peace will not happen without development, and development will not happen without peace
Jim Yong Kim, World Bank Group President, commenting on the need for the Democratic Republic of Congo (DRC), Rwanda, and Uganda, to work closely together with the World Bank and the United Nations to bring peace, security, and economic development for the Great Lakes region that has for so long not experienced the fruits of prosperity.
“This may sound too good to be true, but by building on recent progress and with the right political commitment it’s entirely achievable. It is now up to all UN member states to commit to these world-changing and ambitious measures without watering them down or losing focus.”
Justin Forsyth, CEO of Save the Children, responding to a United Nations (UN) commitment to eradicate extreme poverty by 2030 and, among other things, ensures that no person – regardless of ethnicity, gender, geography, disability, race or other status – is denied universal human rights and basic economic opportunities.”