By: Paul Kariuki
The global geopolitical landscape is shifting rapidly, leaving no nation untouched, and exerting significant pressure on nation-states and their governments, irrespective of their political and economic status, to adapt or perish in oblivion. There is no doubt that the world is in the throes of tremendous change.
In response to this inevitable wind of change, most governments across the globe are reconsidering their position in the global economy, revisiting their policy stances on a range of thematic issues ranging from trade, education, health, climate financing, industrialization, and human skills development among other aspects. Africa, like all other continents, has not been left behind, in repositioning itself as a strategic partner in global development.
Since the COVID-19 outbreak, the continent has emerged stronger in its resolve to be an active and vocal shaper of global discourses in various policy themes mentioned above. The continent is keen to work with other continents to help shape the rules of the future world order. Africa is no longer a passive bystander watching events unfold, but an active pursuer of its interests in the emerging global development landscape.
The challenges facing the continent and individual member states are known and well-documented. The challenges have presented an enviable opportunity for the continent to rethink its policy stances on various strategic sectors with the potential to stimulate faster post-COVID-19 economic recovery and socio-political development.
However, for the continent to be properly positioned to influence policy decisions and attract foreign direct investments (FDI), it must take pragmatic decisions and steps to mitigate the challenges that the member states are experiencing. At a recent Think Tanks Summit convened in Accra, Ghana, by the African Policy Circle (APC), a network of think tanks in Africa, the delegates shared some of the steps that can be taken by governments in Africa to reposition the continent toward sustainable development and economic prosperity. The steps are:
In conclusion, although fragile, there have been notable incidences of economic recovery across the continent, with most African states rebounding strongly post the COVID-19 pandemic scourge. The continent stands at a critical crossroads, with immense potential for transformative economic growth and development. However, the pressing challenges must be addressed urgently for the continent to leapfrog through innovation in various sectors where it has a competitive advantage and maximize opportunities for positive change that are emerging in favour of the continent. It is time for collective and concerted efforts to unlock the continents’ real potential.
Dr. Paul Kariuki is the Executive Director of the Democracy Development Program (DDP) and the interim chair and co-convener of the African Policy Circle (APC). He writes in his personal capacity.