Structural Transformation

Powering Africa’s transformation

This blogpost was written by Dr Carlos Lopes, Aliko Dangote and Tony Elumelu. First published on the Project Syndicate: https://www.project-syndicate.org/commentary/africa-renewable-energy-policies-by-carlos-lopes-4-et-al-2017-04 Africa has a bright future ahead of it. Productivity and growth will improve as African economies continue to place more emphasis on services and manufacturing, pursue commodity production, and achieve quick gains in agriculture and light industry.

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Defining structural transformation in Africa

Poverty reduction has been essentially associated with a profound structural transformation of the economy, a process entailing a reallocation of economic activities from the less productive sectors to the more productive ones. The speed with which this process takes place has been a key factor that differentiates deve-lopment levels across countries. The issue of structural

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Africa’s No Regret Route to Industrialisation

Industrialisation is an imperative for Africa. With a global economy constrained by climate change and driven by competitive supply chains, the continent’s aspirations are difficult to fulfil. Accelerated and profound economic structural transformation is the only means to do so and to address chronic poverty. This industrialisation has to count on a regional African market

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Africa’s blue economy: An opportunity not to be missed*

Africa’s “Blue world” is made of vast lakes and rivers and an extensive ocean resource base. Thirty-eight of the fifty-four African States are coastal States. More than 90 percent of Africa’s imports and exports are conducted by sea and some of the most strategic gateways for international trade are in Africa, underscoring the geopolitical importance

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L économie bleue d’Afrique: une occasion à ne pas manquer

Le « monde bleu » se compose en Afrique d’un vaste réseau de lacs, de rivières et d’étendues marines riches en ressources naturelles. Trente-huit des 54 pays que compte l’Afrique sont des États côtiers. Plus de 90 % des importations et des exportations africaines transitent par la mer, et plusieurs des corridors commerciaux les plus stratégiques de la

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