Africa Renewal

The Africa Renewal magazine examines the many issues that confront the people of Africa, its leaders and its international partners: sustainable development goals, economic reform, debt, education, health, women's empowerment, conflict and civil strife, democratization, investment, trade, regional integration and many other topics. It tracks policy debates. It provides expert analysis and on-the-spot reporting to show how those policies affect people on the ground. And, it highlights the views of policy-makers, non-governmental leaders and others actively involved in efforts to transform Africa and improve its prospects in the world today. The magazine also reports on and examines the many different aspects of the United Nations’ involvement in Africa, especially within the framework of the New Partnership for Africa’s Development (NEPAD).

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In a turbulent world, diversity vital for African economies

Africa’s economy has grown rapidly and steadily since 2000, and has shown remarkable resilience in the face of the global financial and economic crisis. But the continent’s dependency on the export of natural resources and primary commodities was bluntly exposed by the crisis. The decline in the demand for and the price of oil and minerals was largely responsible for reducing Africa’s growth rate by about 4 percentage points between 2008 and 2009. This over-reliance on a few commodities and just one or two sectors underscores the need for much greater economic diversification.

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