AFRICA CATCHING UP AFTER HALF A MILLENNIUM ⋆ Raise Djed

making the investments needed to end poverty

Africa’s impressive growth record over the past decade has replaced previous headlines of a “hopeless” continent to ones of a “rising” Africa. The continent has been home to some of the fastest growing economies in the world and the quality of growth has also improved with more diversification from commodities to services and technology-led growth. In addition, there have been broad improvements in macroeconomic management and Africa’s regional integration project. African countries also continue to make strides in advancing good governance and improving the environment for business and trade.