Africa is home to many of the world's fastest-growing economies. This powerful book traces new continental institutions for development and their capacity to affect economic growth, regional integration, and international cooperation in Africa. It also assesses Africa's ability to achieve the Sustainable Development Goals and the African Union's Agenda 2063. As the continent's most ambitious development initiative since independence, the African Union Development Agency (or AUDA, previously known as the New Partnership for Africa's Development or NEPAD) provides an excellent case study for examining how an African-based, continent-wide development institution emerged. Inspired by the ideas of Pan-Africanism and the African renaissance, NEPAD was created to bring Africa into the globalizing world, to close the gap between developing and developed countries, to enhance economic growth, and to eradicate poverty. Almost two decades after NEPAD's creation and given its transformation into AUDA, this brilliant book examines AUDA's role in achieving these goals.

During the second half of the twentieth century, African states shifted away from state-led development strategies, and are now moving towards a strategy of regional economic integration. In this book, Landry Signe explores the key drivers of African policy and economic transformation, proposing a preeminent explanation of policy innovations in Africa through the examination of postcolonial strategies for economic development. Scholars and practitioners in fields as varied as development studies, political science and public policy, economics, sociology and African studies will benefit from Signe's unprecedented comparative analysis, including detailed cases from the often understudied Francophone Africa. First studying why, how and when institutional or policy change occurs in Africa, Signe explores the role of international, regional and national actors in making African economic development strategies from 1960 to date, highlighting the economic transformations of the twenty-first century.

During the second half of the twentieth century, African states shifted away from state-led development strategies, and are now moving towards a strategy of regional economic integration. In this book, Landry Signe explores the key drivers of African policy and economic transformation, proposing a preeminent explanation of policy innovations in Africa through the examination of postcolonial strategies for economic development. Scholars and practitioners in fields as varied as development studies, political science and public policy, economics, sociology and African studies will benefit from Signe's unprecedented comparative analysis, including detailed cases from the often understudied Francophone Africa. First studying why, how and when institutional or policy change occurs in Africa, Signe explores the role of international, regional and national actors in making African economic development strategies from 1960 to date, highlighting the economic transformations of the twenty-first century.

Africa is home to many of the world's fastest-growing economies. This powerful book traces new continental institutions for development and their capacity to affect economic growth, regional integration, and international cooperation in Africa. It also assesses Africa's ability to achieve the Sustainable Development Goals and the African Union's Agenda 2063. As the continent's most ambitious development initiative since independence, the African Union Development Agency (or AUDA, previously known as the New Partnership for Africa's Development or NEPAD) provides an excellent case study for examining how an African-based, continent-wide development institution emerged. Inspired by the ideas of Pan-Africanism and the African renaissance, NEPAD was created to bring Africa into the globalizing world, to close the gap between developing and developed countries, to enhance economic growth, and to eradicate poverty. Almost two decades after NEPAD's creation and given its transformation into AUDA, this brilliant book examines AUDA's role in achieving these goals.

Africa welcomes business investment and offers some of the world's highest returns and impacts. Africa has tremendous economic potential and offers rewarding opportunities for global businesses looking for new markets and long-term investments with favorable returns. Africa has been one of the world's fastest-growing regions over the past decade, and by 2030 will be home to nearly 1.7 billion people and an estimated $6.7 trillion worth of consumer and business spending. Increased political stability in recent years and improving regional integration are making market access easier, and business expansion will generate jobs for women and youth, who represent the vast majority of the population. Current economic growth and poverty-alleviation efforts mean that more than 43 percent of the continent's people will reach middle- or upper-class status by 2030. Unlocking Africa's Business Potential examines business opportunities in the eight sectors with the highest potential returns on private investment the same sectors that will foster economic growth and diversification, job creation, and improved general welfare. These sectors include: consumer markets, agriculture and agriprocessing, information and communication technology, manufacturing, oil and gas, tourism, banking, and infrastructure and construction. The book's analysis of these sectors is based on case studies that identify specific opportunities for investment and growth, along with long-term market projections to inform decision-making. The book identifies potential risks to business and offers mitigation strategies. It also provides policymakers with solutions to attract new business investments, including how to remove barriers to business and accelerate development of the private sector.