DOI: 10.3390/su16010214 ISSN: 2071-1050
Re-Engineering Financial Resources through Development Finance in Africa: A Review of the Literature
Abiodun F. Okunlola, Adewale R. Aregbeshola- Management, Monitoring, Policy and Law
- Renewable Energy, Sustainability and the Environment
- Geography, Planning and Development
- Building and Construction
Most studies erroneously conclude that financial engineering occurs only within the purview of private institutions. This study defies this claim and affirms an equal public prerogative. It proceeds to innovate a financial re-engineering (F-Re) axiom expressed by the foundational, fundamental, and finance pillars (FFFps). This is encapsulated in a quadrant (Q), with which it is believed Africa’s accelerated development can be harnessed. Exploratorily, in addition to the visual and matching path analyses, this study provides a clear path in Q1–4, showing how Africa should re-engineer citizens’ priorities using deliberate development finance principal strategies going forward.