20min chapter

The Thinking Muslim cover image

The Price of Progress: Economic Realities in Africa with Prof. Abdoulaye Ndiaye

The Thinking Muslim

CHAPTER

Rethinking Capitalism in Africa

This chapter examines the complexities of capitalism in Africa, questioning its necessity and emphasizing the importance of productivity and structural transformation. It highlights the historical ramifications of colonialism on current economic policies and advocates for increased intra-African trade and cooperation. The discussion underscores the role of industrial policy and local investment in fostering sustainable growth and economic competitiveness across the continent.

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