Moving from the ‘why’ of investing in Africa toward the ‘how’ of driving private sector growth
Africa’s rise over the past decade has been very real. While sceptics still abound, and there are people who still seek to debate the point, the evidence of the continent’s clear progress over the past decade is irrefutable. The reality is that a diverse range of African countries have now experienced consistent and robust growth for over a decade – certainly the longest period of sustained growth since most countries attained independence in the early 1960s. In the period since 2002, the size of the overall African economy has more than trebled, and grown at twice the population growth rate – over this period, the size of the sub-Saharan African economy has grown well over 3.5 times.
