African Political Analysis Think-Tank Vignettes

For Africa to industrialize to the extent of getting returns on investments quickly and perpetually, she must desist from doing business as usual. But what is not doing business as usual?  Célestin Monga, Vice President and Chief Economist of the African Development Bank Group argues that Africa’s GDP can improve when certain goals are set. " African countries can lower  the cost of doing business by building strategically located production clusters and industrial parks, including for green industries. They are also in a strong position to attract foreign direct investment, which brings the positive externalities of technology and know-how transfer, managerial best practices, state-of-the-art learning, and access to large global markets." He argues that, "Africa must take stand on what she has to protect and allow.  Long and short term investments  must be balanced.  The unlikely trigger for what could turn out to be a continent-wide strategic s...