AFRICA STILL RISING

May 13, 2016    

Africa has been changing fast over the past fifteen to twenty years. Both the growth performances and the international image of the continent went through surprising U-turns, from widespread stagnation and pessimism to unprecedented progress and new prospects. The turnaround of economic performances began as early as the mid-1990s and led to a number of sub-Saharan countries achieving record growth rates for the better part of the following decade. Economic recovery, in turn, fostered a dramatic improvement in the way the continent was perceived and represented by the international media, where talk of ‘Africa rising’ or ‘emerging Africa’ became gradually more frequent, stimulating a growing interest in the region. What was largely a neglected continent during the 1990s, from around 2000 became the terrain of a new scramble for positioning by advanced as well as emerging economies. China’s trade with the region, for example, went up almost twenty fold in little more than a decade, with Beijing becoming the continent’s main commercial partner. Meanwhile, the US had declared the region “a high priority” of “growing geo-strategic importance”1 and renewed its African aid, trade and military policies, culminating in an unprecedented US-Africa Leaders Summit held in Washington D.C. in 2014….

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