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Accelerating Africa's Structural Transformation for Sustainable Growth

Africa is undergoing a significant transformation with opportunities for both local and international investors. To achieve strong and inclusive growth, the continent must invest in critical areas such as infrastructure, agriculture, skills training, and private sector engagement. African leaders emphasize the need to enhance agricultural productivity through industrial upgrading and technological innovation. By leveraging its natural resources, fostering entrepreneurship, and harnessing the potential of ICTs, Africa can accelerate its economic transformation and strengthen its global position.

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Accelerating Africa's Structural Transformation for Sustainable Growth

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  1. Africa’s Structural Transformation

  2. African Development Bank Africa is transforming, but economic transformation can be acceleratedThe continent offers opportunity for both African and international investors: “Emerging Africa”Africa is striving for strong, sustained and inclusive growth through structural transformationStructural transformation cannot take place without investment in infrastructure, agriculture, skills training and education, and broader engagement with the private sectorAfrican leadership is acutely aware: agricultural productivity must be transformed towards industrial upgrading and technological innovation. OFFICE OF THE CHIEF ECONOMIST & VICE PRESIDENT, ECON African Development Institute

  3. African Development Bank Africa’s Progress in Structural TransformationMiddle class growth and demographic dividendInfrastructure and Regional Integration: Driving growthUrbanization: Cities as drivers of growthIndustry clusters and Special Economic Zone: Spatial dimensionSilicon Africa: Leapfrogging traditional patterns of development!Raising agricultural productivity: Africa’s backboneNatural ResourcesNew partners for Africa: Africa goes globalStrengthening of institutions and regulatory environmentRise of global African entrepreneurs: Growing philanthropy OFFICE OF THE CHIEF ECONOMIST & VICE PRESIDENT, ECON African Development Institute

  4. African Development Bank The Way ForwardGrowing the middle classInvesting in transformational and inclusive infrastructurePrivate sector development and entrepreneurshipHarnessing the natural resource boomDomestic resource mobilization: InnovationsHarnessing the full potential of ICTs and mobile telephonyTransforming Africa’s agricultureDiversification, processing and beneficiationProperty rights: Security of ownership of assets is entrenched OFFICE OF THE CHIEF ECONOMIST & VICE PRESIDENT, ECON African Development Institute

  5. Thank YouMerci

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