Africa’s Philanthropic Potential
If every African with the means contributed a dollar a month for a year to pool their own resources, the continent could move from charity case to wealth creator. But to achieve this shift, Africa’s philanthropic infrastructure will first need to be strengthened – and in some cases built.
LOMÉ – It has now been more than three years since the United Nations General Assembly adopted the 2030 Agenda for Sustainable Development, and the money required to meet the Sustainable Development Goals (SDGs) – the agenda’s key targets – remains elusive. In fact, less than half of the $6 trillion in annual financing that is needed has even been pledged.