Revisit the Forum
Organised by the OECD Development Centre and the African Development Bank, the International Forum on African Perspectives has grown to become the largest and most important annual event on Africa in Europe.
On Friday 5 June 2009, most of the 600 participants in the IXth International Economic Forum on Africa entered the congress hall willing to challenge the high-level invited panelists. There were very critical questions stating that the majority of the benefits of the economic growth goes to foreign multinationals. The panelists reacted that economic indicators demonstrated gains in employment, economic growth and macroeconomic stability.
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OECD countries will envy the growth rates of African countries in 2009, but the African continent will not overcome the crisis unwounded and much will depend on the policies implemented by donors and African governments. |
Africa and the global crisis: Impact and way forward After more than a half decade of consecutive year of sustained growth, real gdp growth is expected to slump to 3% in 2009, as the crisis hits. While the crisis effects the entire world and developed countries fall into recession, the picture for Africa, while fragile, is not without hope. |
African countries need the full support of donors to continue investing in infrastructure and structural reforms through the crisis. |
Both innovation and new technologies, have an important role to built tomorrows´Africa by overcoming traditional infrastructural constraints (communications but also transport constraints) and reducing business costs. |
