Britain's Department for International Development (DFID) has announced that it is to support growing economies in sub-Saharan Africa (SSA) by “working with governments to help grow local businesses, increase jobs and develop infrastructure” as part of its first Economic Development Strategy (EDS).
“Investment in economic development will help developing nations speed up their rate of economic growth, trade more and industrialise faster, and ultimately lift themselves out of poverty,” said Priti Patel, international development.secretary for DFID.
"With dramatic increases in population across Africa, developing nations must act fast to create jobs and investment, which is why Global Britain is leading a more open, more modern approach to development through our economic development to help the world's poorest countries stand on their own two feet.”
The EDS sets out how investment in economic development will help developing nations speed up their rate of economic growth, trade more and industrialise faster.
