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New development financing models for Africa – A look back at ADF9

Abuja — If Africa’s growth and dynamism is to be sustained, the continent’s ability to finance future infrastructure development cannot be left to vagaries of foreign aid allocations but must rely on increased investment. That was a central theme of the ninth edition of the African Development Forum (ADF9) in Marrakesh, Morocco, October 12 – 16.

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The right way to do business in Africa

Most people now accept that at least some of the continent’s economies are likely to grow consistently in the coming years. Today, the danger is less that businesses and investors will ignore the Africa opportunity, and more that they will squander the opportunity through a predictable combination of poor strategy and weak execution.

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In Tanzania, we need to talk about China

If Tanzania’s founding father, Julius Nyerere, were still alive today, he would surely be considering withdrawing the speech he gave in 1965 when he was famously stated that “it is not China policy at all” to use its economic aid to exploit Africans.

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Nigeria: An extra strong Mint

The year 2014 will go down as a milestone in Nigeria’s history: the moment when its economy achieves global scale. For months statisticians have been working to recalculate Nigeria’s gross domestic product, an exercise which is likely to dramatically increase the official size of its economy.

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China’s oil safari crosses Japan’s energy diplomacy in Africa

With his five-day African tour, Japan’s leader Shinzo Abe has landed on the continent as “Japan’s top salesman.” Cladded with a business delegation, Shinzo Abe is pledging more than $14 billion in aid and trade for Africa. In Abidjan, Japan pledged $ 84.4 million dollars for security in the Sahel region.

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Structural Adjustment Policies and Africa – A Reply to Shantayanan Devarajan

In an interview with Think Africa Press earlier this year, the outgoing Chief Economist of the World Bank’s Africa Division, Shantayanan Devarajan, credited Africa’s robust economic performance in the past 10 to 15 years to Structural Adjustment Programmes (SAPs) policies. SAPs, he claimed, “delivered economic growth and poverty reduction.”

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