In the bullish environment at last week’s World Economic Forum (WEF) on Africa in Addis Ababa, the launch of the Africa Progress Panel report stood out as an island of balanced reflection and cautious optimism.
Chaired by the former UN Secretary General Kofi Annan, the Africa Progress Panel (APP) includes leaders from government, business and civil society. This year’s report, focused on jobs, justice and equity. The panel takes a long, hard look at Africa’s recent record on economic growth, democracy and governance. It provides a hefty dose of good news. More than any other region, Africa’s economies have demonstrated great resilience in withstanding the worst effects of the global recession. The WEF host country, Ethiopia, has been posting higher growth rates than China; Mozambique has been out-performing India. Over 70 percent of the region’s population lives in countries growing in excess of 4 percent a year.
Also posted at Dreamwidth, where there are comment(s); comment here or there.