Measuring the pulse of Economic Transformation in West Africa
West Africa is at the heart of Africa’s transformation. With a projected growth rate of 7.4 per cent in 2014, it is the fastest growing region in the continent. As many of its countries undergo a strong stabilization, emerge from conflict, or even rise to middle income status, the region begins to reap the fruits of its regional and global integration. A global demand for expert opinions and analysis is rising rapidly. Read More
On Sunday, March 8, the world celebrated International Women’s Day. As a lead up to the event, the African Development Bank dedicated an entire week to raising awareness on gender issues.
Côte d’Ivoire’s victory against Ghana during the 2015 African Cup of Nations final was widely unexpected and regarded as a historic victory. The Elephants, the Ivorian national football team, were certainly not the favourite team, but surprised most observers with a repeat of their victory against Ghana 23 years ago, again on penalty kicks.
Ebola is certainly having some devastating effects on Liberia, Sierra Leone and Guinea, but the ongoing narrative on the economic impact of Ebola may even create much more damage than those very adverse consequences it is intending to capture. At the recent World Bank Annual Meeting, shortly after the Bretton Woods institution released a study pointing to billions of potential losses due to the Ebola, AfDB President Donald Kaberuka rightly warned the world of the need to be careful about doomsday narratives.
The Ebola outbreak, which is ravaging West Africa, causing over 4,000 deaths, and has crossed the Atlantic infecting its first case in the United States and now Spain, is an immense tragedy. But it also serves as a reminder of the fundamental challenges of development in a weak institutional environment.
Last week I was asked to make a presentation on West Africa to a number of senior executives of large multinational companies, keen in investing in our region. In spite of the panic displayed by some media outlets and the occasional cancellation of conferences and football matches due to take place in the region because of Ebola, they came to Abidjan, at the heart of one of the continental success stories, to explore business opportunities.
- KPMG Africa Blog
- UN Women, West and Central Africa
- The Trade Post | Making international trade work for development
- Institute for Security Studies: West Africa
- Oxfam: West Africa blog
- CGD Policy Blogs | Center For Global Development
- NEPAD blogs | NEPAD
- blogAfrica | allAfrica
- Baobab | The Economist
- United Nations Office for West Africa
- Nasikiliza | World Bank in Africa