Natural Resources Can Fuel Africa’s Economic Transformation

“Now is the time”, said Mthuli Ncube, CE and VP of the AfDB, “After ten years of improved stability, sound macroeconomic policies and blossoming trade links, growth has made African nations freer than ever to choose their own development paths and implement active policies for economic transformation.”

Development Effectiveness Review - Promoting Regional Integration

Regional integration has been at the heart of Africa’s political agenda for many years. Given the continent’s low population density, wide geographic spread and low levels of urbanization, Africa’s leaders have recognized integration as critical to building economies of scale and making the continent internationally competitive. The impact of globalization on Africa over the past decade has only intensified its importance.

Leaders vow to make Africa a region of competitiveness and increased well-being

Leaders vow to make Africa a region of increased well-being

Leaders vow to make Africa a region of competitiveness and increased well-being

"Strong institutions and the management of skills and talents should be at the core of the integration agenda. Political leaders should double their efforts to make sure Africa becomes a tightly integrated growth pole," the AfDB Chief Economist said.

Leaders vow to make Africa a region of increased well-being

AfDB and Regional Integration

African Economic Outlook 2013

Development Effectiveness Review - Promoting Regional Integration

News

01/11/2013 - Governments cannot fund $93 billion alone
31/10/2013 - Leaders vow to make Africa a region of competitiveness and increased well-being
31/10/2013 - Fast-tracking African regional integration agenda key to economic transformation
30/10/2013 - Industrialization a precondition for Africa’s economic transformation
30/10/2013 - Financial deepening dynamics and implications for financial policy coordination in a monetary union: the case of WAEMU

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Integrating Africa’s WorkforceIf African countries are to transform structurally and integrate regionally, African workers and talents must be able to explore job opportunities and skills transfer across industries and across borders.

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