Structural Transformation

How a climate smart Covid-19 recovery could lead to a more resilient Africa

The continent is already working to bring 400 million people out of poverty and 200 million out of hunger. The financial downturn will delay this. Early estimates suggest that Africa is likely to face at least US$500 billion in economic costs this year as a result of the coronavirus. COVID-19 may also have parked the discussion about the urgency of the

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Le Choix décisif de l’Afrique

L’Afrique étant secouée par de multiples crises cette année, les gouvernements de la région devront orienter leurs réponses politiques non seulement vers la reprise à court terme, mais aussi vers la durabilité et la résilience à long terme. L’Afrique ne peut tout simplement pas se permettre d’investir davantage dans l’économie sale, inefficace et fragile du

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Africa’s fateful choice

With Africa reeling from multiple crises this year, the region’s governments will have to direct their policy responses not just toward short-term recovery, but also toward long-term sustainability and resilience. Africa simply cannot afford any more investments in the dirty, inefficient, fragile economy of the past. CAPE TOWN – The International Monetary Fund predicts that

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