4 Conclusion
75. DFID's doubling of support to the World Bank
is an important signal of confidence in an institution that, once
its reform process has been fully carried through, will be a leading
force for the achievement of the MDGs in Africa. The success of
the decentralisation process and the introduction of a more results-focused
approach, in particular, could be the difference between the Bank
remaining as simply a valuable aid partner or emerging as Africa's
development leader.
76. We welcome
the increasing DFID contributions to the AfDB and believe this
trend should continue. We urge DFID to keep a watchful eye on
the progress of the Bank's reform process. AfDB support to infrastructure,
governance and transparency and climate change has the capability
to make a real difference to poor people's lives. A potentially
transformatory set of reforms has been put together by President
Kaberuka and Bank staff, together with the support of influential
donors such as DFID. It is crucial that the momentum to implement
them is maintained and that the Bank realises its full potential
as the driver of African development.
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