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Rewards Outweigh Risks In Africa

Rewards Outweigh Risks In Africa

From Business Day Live/Written by by Lerato Mbele

“Africa Rising” is the sexy catchphrase used to describe the economic growth and positive social developments on the continent in the past decade. When it came into use, we were excited: Africa was on the cusp of international greatness and, for the first time, was recognised as a place of innovation, creativity and sophistication.

“Africa Rising” is still real, but in 2014 the continent was at the center of some of the year’s most challenging stories. Have these drained the positive energy and good will towards the continent?

In an interview on Africa Business Report, Christine Lagarde, the managing director of the IMF, spoke about an “Africa Watching”, referencing the millions of Africans who are young, poor and jobless, their lives unchanged by this era of economic growth and prosperity.

 

 

Read more at Business Day Live