Lilian Ajayi-Ore joins UNDP Expert Panel at the 2017 AEC in Addis Ababa, Ethiopia.
Lilian Ajayi-Ore, Founder & CEO of the Global Connections For Women Foundation and SV-NED INC partner, served as one of the guest speakers at the United Nations Economic Development Summit in Addis Ababa, Ethiopia.
Ms. Ajayi-Ore was on the panel of Inclusive resource governance as a driver of structural transformation and additionally took part in the panel discussion on inclusive governance with Ms. Lusigi, Dr. Graham, Ms. Forster, Dr. Kabambe. The United Nations Development Program’s recent report on Income Inequality Trends in sub-Saharan Africa: Divergence, Determinants and Consequences (2017), highlighted the strong relationship between resource dependence, rising inequality and slow reduction in poverty. Yet, few African countries have succeeded in structurally transforming their economies and many economies are narrowly based on the production and export of unprocessed agricultural commodities and natural resources (minerals and crude oil).
However, there were also positive lessons to be learned from across the continent on how to improve institutional arrangements that govern resource wealth, as Ms. Ajayi-Ore and other expert panelist discussed the inclusion of greater transparency, accountability, progressive taxation systems and translating natural resource wealth into national wealth.
Ms. Ajayi-Ore’s contributions to the panel were both insightful and educational, encapsulating her prior experience as a civil right’s activist and humanitarian.
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