Governance broadly is one main challenge facing global thought leaders. More specifically, the fact of an interconnected and very large global economy and the limited capacity of governments and international institutions to govern this economy. This asymmetry can only lead to failing governance, most vividly in much of Africa where the absence of good governance has long been one of the biggest obstacles for its progress. But not only in Africa. I believe global thought leaders can learn from the current focus on social entrepreneurs as a key for progress and sustainable development.
Africa is the world’s richest continent in natural resources. It has 50% of the world’s gold, most of the world’s diamonds and chromium, 90% of the cobalt, 40% of the world’s potential hydroelectric power, 65% of the manganese, millions of acres of untilled farmland, as well as other natural resources.
So, what can leaders do to actively promote positive change in Africa?