September 24, 2004

 

Governance is the Focus of the African Development Bank

It seems that every continent is getting the "governance bug"! Every country is beginning to realize that foreign investment will be more impressed by transparency and disclosure. The key to competing with other countries for investment is to provide regulations that assure that investments are safe. This is a great trend to see. Stay tuned for more "joiners" in this trend in the future.

An excerpt from an article addressing this continuing trend is shown here:
"ADDIS ABABA, Sept. 24 (Xinhuanet) -- The Fourth African Development Forum (ADF) is scheduled for October in Addis Ababa with the theme of "Governance for a Progressing Africa," according to local media on Friday.
The forum, to be held on Oct. 11-15, is being co-sponsored by the African Development Bank and the African Union.
The forum will discuss and examine ways of improving governance in Africa and make concrete recommendations on mechanisms for instituting and monitoring good governance"

See the complete article at: http://news.xinhuanet.com/english/2004-09/24/content_2016805.htm

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