Africafé - Africa's Economic Outlook 2024: Trends, Challenges, and Opportunities

March 7, 2024

Africa's economic narrative in 2024 is characterized by a blend of promise and caution. As the continent continues to diversify its economic base, transitioning away from traditional sectors, new opportunities emerge alongside persistent challenges. In this episode, we will provide a comprehensive analysis of the continent's macroeconomic trends, illuminating the factors shaping its economic landscape by identifying the primary drivers of growth or stagnation across diverse regions and industries. We will also examine how African nations are confronting critical issues such as inflation, debt sustainability and uncover the array of opportunities and potential risks awaiting investors and businesses keen on navigating Africa's economic prospects for the year ahead.

Speakers
Ahmed Ouhnini
Economist, Policy Center for the New South
Ahmed Ouhnini is an Economist at the Policy Center for the New South. His research area covers agricultural economics, human and social development. Previously, he has worked as a researcher at the Paris School of Economics (PSE) and has also a record of working in consulting services in Morocco. Ahmed holds an engineering Diploma in Agriculture and Rural Development from the National School of Agriculture of Meknes and a Master’s Degree in Law, Economics and Management from the Paris 1 Pantheon Sorbonne Institute of Development. ...
Otaviano Canuto
Senior Fellow
Senior Fellow at the Policy Center for the New South, Affiliate Professor at Mohammed VI Polytechnic University and Non-Resident Senior Fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. ...

RELATED CONTENT

  • February 20, 2024
    Le Policy Center for the New South et le Groupe d'évaluation indépendante (IEG) de la Banque mondiale organisent un évènement sous le thème «La Banque mondiale au Maroc : apprendre et s'adapter pour avoir un impact ». L'événement examine les conclusions d'une évaluation récente du sou...
  • Authors
    Ali Elguellab
    Elhadj Ezzahid
    February 12, 2024
    Dans ce rapport, nous proposons d’utiliser une nouvelle approche pour analyser les structures productives au Maroc. Nous appliquons les outils de la théorie des réseaux aux tableaux des échanges inter-industriels de l'économie marocaine. Nos résultats montrent que le réseau national de production présente des caractéristiques intuitives dans le sens qu’elles sont liées aux processus de production. La structure de ce réseau peut être représentée sous la forme d'un papillon, avec les ...
  • February 8, 2024
    Depuis 2016, on assiste à une dynamique de création de fonds souverains africains. En 2023, on recense 21 pays et 24 fonds souverains. Sur la seule période 2016-23, celle de la deuxième vague, huit pays vont se doter d’un premier fonds souverain, et d’un deuxième, dans le cas du Maroc, en 2022. Cette étude rappelle tout d’abord l’historique d’une création qui commence, dès 1994, au Botswana, avec le Pula Fund, précisant pour chacun des 24 fonds leur date de création, leur ...
  • Authors
    Zakaria Elouaourti
    January 31, 2024
    This Paper was originally published on onlinelibrary.wiley.com This study aimed to unveil the evolving landscape of digital financial inclusion in African countries during the post-COVID-19 era. We examined factors influencing the access and usage of digital financial services and identified population segments facing increased exclusion due to the digital divide. First, by applying principal component analysis to data collected at the country level from 39 African countries in 201 ...
  • Authors
    Mohamed Bassi
    January 30, 2024
    يتفحص هذا الموجز السياسي البحث الاقتصادي في إفريقيا بناءً على معطيات من منصة ورقات بحث في الاقتصاد. ويدرس إنتاجية الباحثين المنتسبين إلى المؤسسات الإفريقية، حيث أن بعضها غزير الإنتاج، بينما يظل المعدل الملاحظ على المستوى القاري أقل من المعايير الدولية. ونتيجة لذلك، لا تزال مساهمة إفريقيا في البحوث الاقتصادية العالمية متواضعة على الرغم من التحديات الاقتصادية الكبيرة التي تواجهها القارة. ثم تتناول الورقة مواضيع البحث الغالبة من خلال تحليل شفرات دراسات اقتصادية جديدة ومجلة الأدبيات الا ...
  • Authors
    Ilham Najib
    January 29, 2024
    Morocco is positioned as a new global hub of the automotive industry in an increasingly volatile international context, with various emerging countries competing intensively to gain the best returns on openness and globalization. The Moroccan automotive industry’s recent performance shows it to be the most dynamic sector in the economy: from 2014 to 2019, value-added in the automotive sector increased by almost 70% while the overall national value-added increased by only 15%. In the ...
  • Authors
    Soukaina Raoui
    January 22, 2024
      This Paper was originally published on bera-journals.onlinelibrary.wiley.com   As a specific driver for the transformation of education systems in Morocco, inclusive education is a process that aims to reduce the exclusion of children with disabilities. Indeed, few studies have analysed the exclusion factors that cause children with disabilities not to pursue their education. Based on this, the present paper explores the spatial effect of factors related to accessibility and sc ...
  • Authors
    Elhoussaine Wahyana
    January 12, 2024
    The debate on global value chains (GVCs) has emphasized countries’ contributions to value-added creation. From an intercountry perspective, a new body of research is addingto this debate by studying how subnational regions contribute to the indicators in specific countries. Proper assessment of economic contributions is essential for designing incentive policies. This paper analyzes the role played by the main trading partners of Moroccan regions in local value chains. We use input- ...
  • Authors
    January 2, 2024
    This paper was originally published on The South African Institute of International Affairs (SAIIA) In order for Africa to raise living standards, create employment for youth and diversify exports, it must industrialise. Until recently, sub-Saharan African (SSA) countries made limited progress in manufacturing value addition and employment, mirroring the de-industrialisation trend seen in many developing countries. To propel industrialisation, SSA countries should adopt flexible st ...
  • December 28, 2023
    In this episode, we interviewed Mr. Arkebe Oqubay Metiku, British Academy Global Professor, SOAS University of London around Africa's industrial policies and their impact on growth. We discussed key elements such as innovation, regional collaboration, sustainability, and intellectual pr...