The European Business Council for Africa

Africa is facing a decade of difficult economic conditions. Already weighed down by the Coronavirus pandemic, which has significantly set back gains made since the turn of the century, Russia’s invasion of Ukraine is amplifying risks ranging from food security and civil unrest, to fiscal stability and conflict.

This has subdued already muted optimism about the prospects for an economic recovery, with uncertainty likely to be the dominant theme through 2030.

How policymakers on the continent and their international partners respond to the challenges this presents will be instrumental in shaping Africa’s economic development throughout the decade, and potentially well beyond.

Economic decline is not inevitable, but it will take decisive and consistent action to set the continent on a positive growth and development trajectory.


Please read the full report here