Africa’s population is growing, and within the next few decades, a growing share of that population will be migrating towards its already-large urban areas. Infrastructure, education and network development needs will continue to grow. The answer to these inevitable challenges does not just lie in betting on a strong global environment, even if Africa’s increased integration into the world economy will bring benefits.
The answer also lies in an appropriate policy environment underpinned by strong political will. And, perhaps more than ever, sound fiscal and monetary policies form a crucial part of that framework. Thank you. Page 11 of 11