THE IMPACT CHINA AND WESTERN DONORS HAVE HAD ON AFRICA TO ENSURE THE EFFECTIVENESS OF FOREIGN AID
THE IMPACT CHINA AND WESTERN DONORS HAVE HAD ON AFRICA TO ENSURE THE EFFECTIVENESS OF FOREIGN AID

Summary/Abstract: Foreign aid is regarded as one of the most essential components of the global development cooperation effort, and it represents a transfer of aid from governments and institutions in developed countries to underdeveloped nations. Africa has remained undeveloped despite receiving multiple assistance packages for various reasons and in various forms. Aid management is critical in ensuring that aid plays the intended beneficial role in development and in recognizing the progress made by the donor and the recipient as they can complement each other's efforts in building a better-developed Africa. This study will delve into the effectiveness of foreign aid in Africa and it will highlight China as a new emerging donor and compare it to traditional Western aid donors. The comparison of both sides will help understand how aid has shaped the development route on the continent. Comparing various approaches can ultimately break the chain of ineffective aid and challenge both donors and recipients to be more aware of the use of aid and aims to help identify where foreign aid is falling short of becoming most effective. Operationalizing the effectiveness of implementation is an important aspect that seeks to determine whether aid projects set up are creating the desired results. The factors that affect aid effectiveness in implementing foreign aid in Africa are important to note, as it has been an ongoing development process for decades to lift living standards and achieve Sustainable Development Goals. Donors and recipients may not always fulfill their partnership obligations and may fall short of the common goals they set. A better understanding of Africa’s partnership with donors will help in reaching better outcomes and long-term results that can help to create a positive impact, avoid aid flowing into unknown loopholes, minimize bad governance, and create transparency and accountability, which will help to increase the opportunity to meet the desired results.

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