4. Challenges for policymakers on the African continent  Let me now briefly highlight some of the current challenges confronting monetary policymakers on the continent. Although our continent is diverse with differing experiences and challenges, it is possible to make some general comments.
While Africa’s growth performance has been impressive in a comparative context, this has not translated into an adequate, widely spread improvement in living standards. This is evident in the continent’s progress in terms of attaining the Millennium Development Goals (MDG).