This century is Africa’s to own, or to lose. Economic transformation is occurring across the continent, from Mauritius to Ethiopia and Ghana, across East Africa, and for some, like Rwanda, the changes are coming breathtakingly fast. New natural resources are being discovered. Investments in health and education have led to rising life expectancy, reductions in maternal and child mortality, and an increasingly educated young population. In regions such as East Africa, massive investments in infrastructure – energy, roads, rail and IT – are being made, driving growth and providing employment. Although the growth is still patchy, and there remain areas of political instability, insecurity and conflict, the continent has an agreed blueprint for dealing with her challenges and investing in her future – Agenda 2063. Africa’s problems have been studied and analysed over and over. Plans and blueprints exist, in ministries across the continent, and for all the Regional Economic Communities. East Africa has Vision 2050, aiming to turn the region into an upper middle-income bloc by 2050. The time for planning and analysis is over. Now is the time for execution. But to succeed, we need to move with dispatch, aware that we are in competition with the rest of the world, and that this competition will get tougher, not easier. One of the critical game changers for Africa is the 26-member Free Trade Area between Comesa, EAC and SADC. The agreement, first mooted in 2008 in Kampala, and signed in 2015 at Sharm al Sheikh in Egypt, covers...
Africa must grab this century… It’s ours for the taking
Posted on: March 20, 2017
Posted on: March 20, 2017