The right reasons to fund Sport for Development and Peace Initiatives (SDP)
Reason 10: Africa’s development
From the six lessons of financing sustainable development that was transmitted to me by some brilliant African brokers of ideas, I concluded:
“Seen from the South, sustainable development will necessarily involve the mobilization of funds likely to encourage the financing of economic projects, ranging from micro-projects to macro projects: agricultural development, electrification, town sanitation, land use planning, construction of administrative or sports infrastructure, development of communication lines”.
“These projects will lead to the creation of SMEs and SMIs and will provide support for professional projects of women's groups, the launch of microfinance campaigns for young people, as well as the promotion of sports initiatives”.
Where can this investment come from? Probably not from global North. For two reasons. The global North is developing austerity policies. Africa has the means for its development. See next.
Follow an example of funding of SDP initiatives: