Feb 2 2013: Another excellent insight into what happens to donor funding in Africa is found in Micaela Wrong's book 'Its our turn to eat'. Most of the funds in these NGOs never reach the people who need them. The NGOs including the World Bank and Co. are channels for redirecting money from the lower echelons of the world's societies to the bank accounts of the wealthy and powerful. So, no, donor funding cannot fix Africa's problems and in fact is a huge part of Africa's problems, making billions available to despots to entrench their power for purposes of their own enrichment on the backs of the people.
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A comment on Conversation: Can donor funding really fix African challenges, or should we empower African communities to address their own challenges?