Role of government in addressing Africa’s business challenges

African governments face many challenges, including pressure on public finances, a slowdown in foreign investment, and the need to provide housing, infrastructure, and services in fast-growing cities.

At the same time, the global economic slowdown, notably in China and related decline in key commodity prices are making life more difficult for African companies and reinforcing the imperative to develop an environment that enables the dynamism of the private sector.

The continent’s growing population offers a potential demographic growth dividend, precious in a broadly aging world, but African economies need to be able to create opportunities for an expanding workforce and ensure that their energy is mobilised to fuel economic activity.

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