Africa is turning the page on 50 years of over-reliance on Western economies, thanks to strengthening trade and investment links with emerging countries like China, India, Turkey and oil-rich countries in the Middle East. And although the continent's economic growth will be hit this year by the turmoil in North Africa, analysts say prospects for sub-Saharan Africa are brighter than they have been for some time.
In order to solve the problems of African nations, you must dissolve dictatorships in all of Africa, ensure democracy, then give higher education to citizens.Second point is that, you need to establish good electricity network within the countries as most African nations cannot attain and use electricity infinitely. So African countries must attract energy investors to their countries. Generator sales are the highest in the world all throughout Africa.
abdullahhakan1 7 months ago
The African economy is too different in comparison to the western economy in terms of what the people need most. Western investment of high technology in small doses would be helpful, however bringing along financial innovations and their associated investors is not good at this point as the development is not self sustaining, and this would only result in keeping these people unhappy and poor. Plus this type of investment would only be working with small sums which would be boring.
choobie12 7 months ago
SA could play a greater role in leading Africa to economic growth.....
siasabora 8 months ago