About this report
Africa is on the move. Galvanised by the fundamental improvement in the macro-economic landscape and business environment, as well as in African political stability, African economies have accelerated to make the continent the second-fastest growing region in the world since the millennium. The age of unilateral aid to Africa in the form
of credit and grants is over and the continent is ripe for investment-based partnerships, which are more sustainable.
In the past Africa’s rich natural resources have been the stimulus for economic growth, but there are now new factors at play. Rapid urbanisation, a young population and a growing middle class who are fuelling consumer demand, make Africa a booming hotspot.