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(a) Critically discuss the dominant views on aid and growth, and their would-be implications on the development finance processes and architecture in Africa. (b) Renowned

(a) Critically discuss the dominant views on aid and growth, and their would-be implications on the development finance processes and architecture in Africa.

(b) Renowned economist, Dr. Dambisa Moyo, in recent op-ed in the Economist dubbed, the New Marshall Plan for Africa (Appendix B Dambisa Moyo on a Marshall Plan for Africa) proposes a Western funded aid programme for Africa in the post-COVID era that is both recognized and endorsed by 2019 Nobel Economics Prize winners, Professors Abhijit Banerjee and Ester Duflo (see Appendix B How Economies can Rebound). As Special Advisor to the Chief Executive Officer (CEO) of the Development Bank of Southern Africa (DBSA) on Development Finance and Strategy, please prepare the next CEO fortnightly brief memoranda for Mr. Patrick Dlamini that analyses the evolution in Dr. Dambisa Moyos arguments, its undercurrents and implications the African development finance landscape, and importantly, how the DBSA can reposition itself to make the most of the would-be opportunities and challenges in the post COVID era?

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