For the last six years, the World Economic Forum, the African Development Bank (AfDB), and the World Bank (WB) have been involved in the joint biennial publication The Africa Competitiveness Report (ACR). As of 2011, the Africa Commission has joined as a partner.
The fourth edition – ACR 2013 – under the theme, “Connecting Africa’s Markets in a Sustainable Way”, will be launched in Cape Town during the World Economic Forum for Africa on May 9, 2013. Dignitaries from around the continent, businessmen and women, top academics and civil society are expected to take part in this event.
The Report indicates that Africa’s growth should be complemented by gains in competitiveness since many African countries are ranked among the least competitive economies in the world. Although there are important disparities across the continent, low levels of regional integration and infrastructure deficit have been identified as the main barriers to improved productivity, economic diversification, private sector development and spatial inclusion. These challenges are particularly prominent in landlocked countries and should be prioritized by Africa’s policy-makers.
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