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Use resources to diversify African economies, unlock sustainable growth

A majority of African economies, or 83%, are highly commodity-dependent and are vulnerable to external shocks, experiencing good growth when commodity prices are high, but seeing growth reversal and setbacks when prices are low. Chad, for example, experienced an average of 9% growth in GDP between 2001 and 2014, but since 2015, the GDP of the country has contracted and poverty increased. GDP per capita is decreasing and developmental gains have been reversed because of the inability to sustain economic growth. ....

United States , Saudi Arabia , South Africa , Nicola Viegi , Kouassi Yeboua , African Centre For Economic Transformation , University Of Pretoria Department Economics , African Union , African Futures Innovation Programme , African Centre , Economic Transformation , Pretoria Department , Professor Nicola Viegi , African Transformation Index , African Continental Free Trade Area ,

Africa Futures Summit

Join USIP for the Africa Futures Summit to examine approaches to catalyze Africa’s potential to benefit and shape the global system. Discussions will draw on the African Futures research, forecasting and policy analysis led by the Institute for Security Studies, along with perspectives from Africa, the African Diaspora and American experts.  ....

United States , Chenai Mukumba , Kizito Byenkya , Jakkie Cilliers , Srik Gopal , Kouassi Yeboua , Alexandra Allie Davis , Mvemba Dizolele , Joseph Sany , Jason Braganza , Maria Kisumbi , Joshua Meservey , Joe Asunka , Abbey Ogunwale , Fonteh Akum , Kehinde Togun , Society Foundation , Institute For Security , Tax Justice Network Africa , Earth Future Foundation , Africa Program , Bureau Of African Affairs , Hudson Institute , Wilson Center , Africa Center , Us Mission ,