Exploring the nexus between business activity and development aid in favor of the development agenda

Abstract

This article explores the connections between business activity and development aid that can help achieve the sustainable development goals placed by the United Nations (UN) in its development agenda. The article relies on an exhaustive review of the recent literature on development aid in the context of the European Community of West African States (ECOWAS). Connections exist between private firms' activity and both private and official aid, as firms can engage in business philanthropy, impact migrants' remittances, act as suppliers for bilateral or multilateral financially supported projects and participate in cross sector partnerships that involve agents from different societal sectors.