Annual financial conferences at Daulos bring together the world's most influential leaders with the goal of improving the global economy. This year, promoting inclusive growth and sustainability in Africa has again become a hot topic of discussion. Yet when it comes to African development, we too often misconstrue progress. The continent produces the world's most abundant natural resources, but the average growth rate remains consistent across the globe. These surprises require more than analysis – they require immediate action.
The end of Africa is amazing. Home to 60 percent of the world's wasteland, the population of young people is strong, and the environment, the crown, the contractor has all the ingredients for change. The question is not whether Africa can be – it is how to remove the obstacles that prevent progress.
Today's development environment often resembles a critical process of requirements, reports, and conflicting guidelines from hundreds of organizations. Despite the accounting, the terrible Booklet hinders progress. What Africa lacks are practical, highly visible areas of the economy.
Take exercise: only 50% of Africa's 1.37 billion people have access to electricity. By 2030, spending in Africa it is necessary to reach $ 25bn per year to close the energy deficit, a large amount compared to the current consumption. But money alone is not enough – we need to come up with effective, home-grown solutions. The secret is the component of our energy groups – this is how we will challenge our problem. Africa has hydro, solar and other resources in different sectors. If we set up the right mix of electricity and set up controlled electricity, we can destroy the entire continent through a powerful, resilient energy system. Such success may be affected by the number of cases of crime.
Similarly, it insults me that the largest continent in the world is filled with more than 280 million people. This is not due to lack of energy. It is because of neglected infrastructure, fragmented markets, and lack of agricultural technology. The solution to this problem requires more investment in roads, irrigation systems, and storage facilities, combined with policies that encourage maintenance and proper additions.
Intra-African activity, at only 15 percent of the continent's total trade, represents another great opportunity. African Free Africa (Afcfana) is promising, but its success depends on sustainability – building infrastructure, modern infrastructure, and removing trade barriers. This is not a revolutionary concept, but an important foundation of economics.
The way forward is clear. First, we need to change the way of development. African countries need partners, not managers. Second, the infrastructure must be practical and local – roads, energy plants, and ports that support economic activity, but also have a vision for the common people. Third, we need to trust the local leadership to prioritize the things on the ground, not the teachings of the board.
Our childhood, whether in Magoba (Northwest Africa), in Central Africa, or in the Horn of Africa, or in the Horn of Africa, must use education that prepares them for today's work. Often times modern education is similar to the old conventions, failing to equip students with the tools for their future. This must change. Similarly, our health reforms need funding to reduce the cost of human and disease devastation across the continent.
Leaders in Davos should focus on tangible things to support Africa's growth. The situation does not require a lot of science in the process of development – it requires practicality, which also helps countries to have more resources.
This is not just an assumption. It is a formula that can be used with the most current situation.
The choice is clear: Continue with business as usual, or receive a model of development that leads to results. The world's response to this choice may not determine the future of Africa for Africans, but the path to global success is coming. The time for endless talks is over – Africa needs action, and it needs it now.
The views expressed in this article are purely academic and do not reflect Alzeera's endorsement.