This year’s Spring Meetings of the Boards of Governors of the International Monetary Fund (IMF) and World Bank Group were full of thought-provoking discussions on emerging challenges and opportunities facing the African continent. I especially found that the conversation during The State of the Africa Region, the meetings’ premier event on Africa, particularly captured the key trends shaping the continent’s economic landscape. Interviewed by CNBC Africa Senior Anchor Gugulethu Mfuphi, Dr. Albert Zeufack, chief economist for Africa at the World Bank Group, eloquently presented the Bank’s most recent findings on African economies.
Below are what I found to be the most insightful comments and ideas I heard throughout the week, which world-renowned economist Zeufack also emphasized during the event. These points, shared with the governors of central banks, ministers of finance and development, parliamentarians, private sector executives, representatives from civil society organizations, and academics, I think accurately reflect and anticipate the economic future of the continent. (…)