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Governance and Corruption in Export Credit Agency-Backed Projects: Implications for Policy Autonomy in Africa

Chiemezie A Umeh and Ebi Ferdinand Ogar
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Chiemezie A Umeh: Renaissance University, Ugbawka, Enugu State, Nigeria
Ebi Ferdinand Ogar: University of Abuja, Nigeria

International Journal of Research and Scientific Innovation, 2024, vol. 11, issue 11, 957-962

Abstract: This is an informative article examining the role of Export Credit Agencies (ECAs) in African infrastructure development. It highlights their contribution to financing major projects while identifying significant challenges such as corruption, weak governance, reduced policy autonomy, and environmental and social costs. The paper relies on secondary data from credible sources, including journal articles, institutional reports, and news platforms, to provide insights into the implications of ECA-backed projects. The findings emphasize the need for enhanced oversight, transparency, and a commitment to aligning these investments with Africa’s sustainable development goals

Date: 2024
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