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New Game Changers in Africa's Development Strategy

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Abstract

Africa is undergoing many positive soft infrastructure developments such as improved rule of law, reduced corruption, improved trade policies and so on changes that are reassuring investors that Africa is indeed open for business. Of note is that some of these changes are prompted by factors not previously considered in development strategies. Jacqueline Munalula Musiitwa addresses the role of netizens, the growing and better organized private sector and financial diplomacy. However, in order for Africa's prosperity to be sustained, it is essential for African governments to create their own strategies that emphasize inclusive development. These strategies must focus on long-term, multi-disciplinary planning as well as nationalist treaty drafting.

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Notes

  1. A glass half-full: Representative government is still on the march in Africa, despite recent hiccups, 31 March 2012, http://www.economist.com/node/21551494

  2. Economy Watch, Benefits of Foreign Direct Investment, 30 June 2010, HTTP://WWW.ECONOMYWATCH.COM/FOREIGN-DIRECT-INVESTMENT/BENEFITS.HTML

  3. Ministry of Finance and Economic Planning, Rwanda Vision 2020, http://www.gesci.org/assets/files/Rwanda_Vision_2020.pdf, accessed 25 June 2012.

  4. Africa's Singapore? A country with a bloody history seeks prosperity by becoming business-friendly, 25 February 2012, http://www.economist.com/node/21548263.

  5. http://www.itu.int/ITU-D/ict/statistics/ict/index.html

  6. Douglas Gilstrap, Traffic and Market Report 3: On the pulse of the networked society, June 2012, http://www.slideshare.net/EricssonFrance/traffic-and-market-report-on-the-pulse-of-the-networked-society-ericsson-may-2012.

  7. Portland, ‘How Africa Tweets’, http://notebook.portland-communications.com/2012/02/new-research-reveals-how-africa-tweets/, 1 February 2012.

  8. ‘Financial diplomacy’ new channel for global deals, 26 June 2012, Agence France Presse.

References

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  • Mo Ibrahim Foundation (2011) ‘Ibrahim Index of African Governance – Summary’, October, http://www.moibrahimfoundation.org/downloads/2012-IIAG-summary-report.pdf, accessed 31 October 2012.

  • Roxburgh, Charles et al. McKinsey Global Institute (2010) ‘Lions on the Move: The Progress and Potential of African Economies’, June 2010.

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Acknowledgements

Special thanks goes to Chiedu Osakwe, Director of Accessions at the World Trade Organization, for his assistance.

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Gives a clarion call for Africa's leaders not to squander today's opportunities

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Musiitwa, J. New Game Changers in Africa's Development Strategy. Development 55, 484–490 (2012). https://doi.org/10.1057/dev.2012.84

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  • DOI: https://doi.org/10.1057/dev.2012.84

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