The 2018 Organisation for Economic Co-operation and Development (OECD) report on Africa Development Aid reports that Africa received US$49 million in aid (in 2016). The aid was broken down into 40% Social, 20% Economic, 10% Production, 8% Multi-sector, 5% General Program Aid and 11% Humanitarian.
A key objective for the PDP Foundation is to transform the flow of funds into Africa and direct them into more economic investment-based ventures and projects so that the return on investment on these funds will reduce Africa’s dependency on aid. This will also result in establishing a sustainable ecosystem that will reverse the cycles of systemic poverty on the continent.
We have a vision of an Africa that is able to take care of its people and create an environment where every African can prosper and create generational wealth.
Apart from our main mission (PDP Biblical Instruction), our key investment themes will be in the areas of –
- Food security
- Infrastructure development
- Water provision
- Waste Management and recycling
- Clean Energy
- Digital Economies – Internet of Things & Artificial Intelligence
- Rural economic development
- Mining and mineral beneficiation
Every investment made will ensure that local people/communities participate in the equity model so that more Africans can obtain shareholding (ownership) in the economic assets on the continent.
10 You shall freely and generously give to him, and your heart shall not be resentful when you give to him, because for this [generous] thing the Lord your God will bless you in all your work and in all your undertakings. 11 For the poor will never cease to be in the land; therefore I command you, saying, ‘You shall freely open your hand to your brother, to your needy, and to your poor in your land.’” Deuteronomy 15:10-11 AMP