Episode 7: The Big Picture Across Africa

Africa’s share of global GDP is in the low single digits, but two factors in particular could prove transformative for its economy: positive population growth amid a shrinking world population, and the benefit of “leapfrogging”, where its nations can adopt new technologies faster as latecomers by skipping traditional development phases. Meanwhile, the post-COVID world has created significant challenges. Higher inflation led to a string of defaults and collapsing currencies, and some multinational corporations have pulled their operations. How can Africa stay on a growth trajectory as it manages its fiscal deficits? Who is investing there today, and are there still attractive opportunities? What about political risk?   

Join Citi’s Elise Badoy, Head of Europe, UK, Middle East and Africa Research, and David Cowan, Chief Africa Economist, as they tackle these questions and help us understand  Africa’s current state and prospects ahead.   

For more details, see David’s Citi GPS report, ⁠Africa: A New Growth Model⁠.

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