Towards economic transformation: Placing Africa’s recent growth on firm foundations

ACET Senior Economist Yaw Ansu recently had a piece in NABC Magazine, a publication of the Netherlands-African Business Council. In the story, Ansu goes over some highlights from our African Transformation Report, including the African Transformation Index and the promising example of Ethiopia.

Africa is growing again; that is the good news. The not-so-good news is that so far the growth has yet to open up new modern and higher technology opportunities in production and exports. And the growth is yet to create the formal sector jobs that the burgeoning and increasingly educated youth aspire to. However, the growth is beginning to provide glimpses of the possibilities: possibilities that both governments and private investors should position themselves to seize.

Read the article by clicking here, or access the entire NABC Magazine issue here.

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