Back

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

March 7, 2024
Related topics: 
Economy
Africa

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, principal at Center for Macroeconomics and Development and non-resident 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. He was also Deputy Minister for international affairs at Brazil’s Ministry of Finance, as well as professor of economics at University of São Paulo (USP) and University of Campinas (UNICAMP). ...

RELATED CONTENT

  • Successfully Transforming African Agribusiness through Private Equity Capital - Part II - What are the Key Success Factors in Private Equity Investing and how does that Apply to the African Context
    Authors
    Ezana Bocresion
    April 23, 2015
    We finished Part I - Solving the Capital Formation Issue with a question? How should institutional investors go about looking for the best partners to help them make successful investments in Africa; and fundamentally, the real question to ask is, what are the variables required for building successful investment platforms in Africa? Whenever one meets with an allocator from an institutional investor to discuss an allocation to an Africa strategy, the first question on their checkl ...
  • Download PDF
    The Securitization Technique: a Relevant Tool for Financing the Mining Sector?
    Authors
    Yves Jégourel
    March 25, 2015
    The strategy to vertically integrate mining producers requires the identification of the right conditions for its financing. Many approaches are possible and the technique of securitization, although widely stigmatized since the financial crisis of 2008, must be considered. Several conditions are however necessary. It is unlikely that the off-balance sheet securitization is currently positioned as an important means to finance this sector’s production capacity. Whatever the scope of ...
  • Successfully Transforming African Agribusiness through Private Equity Capital - Part I - Solving the Capital Formation Issue
    Authors
    Ezana Bocresion
    March 16, 2015
    Over the next couple of months, we want to explore the investing climate in Sub Saharan Africa (“SSA”) and try to understand where it is and what elements/variables are required to increase the continent’s attractiveness to institutional investors and thereby speed up the continent’s development. We will discuss the Private Equity industry in Africa and delve into the challenges faces. We will then work through how best to address them, and in particular, in the Agribusiness sector. ...
  • Download PDF
    L’intégration financière internationale : Théories, évidences, et leçons des expériences récentes
    Authors
    Pierre-Richard Agénor
    February 18, 2015
    Cet article propose, dans un premier temps, une revue de la littérature analytique et empirique récente sur les gains et coûts potentiels associés à l’intégration financière internationale, ainsi que les enjeux de politique économique créés ou exacerbés par cette intégration. En particulier, l’analyse fait ressortir le fait que, pour un pays en développement, les gains associés à cette intégration se matérialisent surtout sur le long terme, tandis que les coûts (liés notamment aux r ...
  • Download PDF
    Is Manufacturing Still a Key to Growth ?
    Authors
    Uri Dadush
    February 10, 2015
    Manufacturing is declining as a share of GDP not only in advanced countries, but in developing countries as well. This new trend, a result of complex forces, should be seen on balance as a reason for development-optimism, not pessimism. In the 21st century economy, manufacturing remains important, but poor countries can attract investment, grow rapidly and diversify away from agriculture on the basis of many possible sources of comparative advantage, without artificially promoting m ...
  • La chute des prix de l’énergie: Causes, conséquences et implications pour le Maroc
    Authors
    Abdelaaziz Ait Ali
    January 26, 2015
    OCP Policy Center vient de rendre public le 10 janvier son premier Policy Brief de l’année 2015, qui traite de la question de la baisse significative des prix des produits pétroliers, ses causes, et ses conséquences macroéconomiques pour les producteurs et les consommateurs de ce produit.  Yves Jégourel, Senior Fellow à OCP Policy Center et auteur du Policy Brief en question, a accumulé une expertise dans le domaine de l’analyse des marchés des matières premières. Il apporte égalem ...
  • Download PDF
    Morocco: Growth strategy for 2025 in an evolving international environment
    Authors
    Karim El Aynaoui
    Pierre-Richard Agénor
    January 24, 2015
    The Moroccan economy is currently facing the risk of becoming caught between the rapid-growing low-income countries with abundant and cheap labor, and middle-income countries that are able to innovate quickly. In addition, China’s massive investments in Sub-Saharan Africa have accelerated the participation of some countries in the region in a new international division of labor, especially in low-skill-intensive light manufacturing. In parallel, through the structure of its trade a ...
  • Download PDF
    Maroc: Stratégie de croissance à l'horizon 2025 dans un environnement international en mutation
    Authors
    Karim El Aynaoui
    Pierre-Richard Agénor
    January 24, 2015
    L’économie marocaine fait actuellement face au risque de se retrouver « prise en tenaille », entre, d’un côté les pays à faible revenu en croissance rapide, bénéficiant d’une main-d’oeuvre abondante et bon marché, et, de l’autre, les pays à moyen revenu, capables d’innover rapidement. De plus, les investissements massifs de la Chine en Afrique subsaharienne ont contribué à accélérer la participation de certains pays de cette région à la nouvelle division internationale du travail, p ...