The effects of the recent difficulties will linger for a bit longer but, as they wear off, and absent significant further adverse shocks, the U.S. economy is poised to resume a pattern of sustainable growth.
We attract only a marginal share of world FDI to Africa, and it tends to go into extractive industries. Global investors will only be interested in the rest of our countries in Africa if we can offer peace, stability, good governance, the rule of law and the absence of corruption. Africa needs to strengthen its financial systems.