Africafé - Africa's Economic Outlook 2024: Trends, Challenges, and Opportunities

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Africafé - Africa's Economic Outlook 2024: Trends, Challenges, and Opportunities

March 7, 2024

Africa's economic narrative in 2024 is characterized by a blend of promise and caution. As the continent continues to diversify its economic base, transitioning away from traditional sectors, new opportunities emerge alongside persistent challenges. In this episode, we will provide a comprehensive analysis of the continent's macroeconomic trends, illuminating the factors shaping its economic landscape by identifying the primary drivers of growth or stagnation across diverse regions and industries. We will also examine how African nations are confronting critical issues such as inflation, debt sustainability and uncover the array of opportunities and potential risks awaiting investors and businesses keen on navigating Africa's economic prospects for the year ahead.

Speakers

Ahmed Ouhnini

Economist, Policy Center for the New South

Ahmed Ouhnini is an Economist at the Policy Center for the New South. His research area covers agricultural economics, human and social development. Previously, he has worked as a researcher at the Paris School of Economics (PSE) and has also a record of working in consulting services in Morocco. Ahmed holds an engineering Diploma in Agriculture and Rural Development from the National School of Agriculture of Meknes and a Master’s Degree in Law, Economics and Management from the Paris 1 Pantheon Sorbonne Institute of Development. ...

Otaviano Canuto

Senior Fellow

Senior Fellow at the Policy Center for the New South, principal at Center for Macroeconomics and Development and non-resident fellow at Brookings Institute. Former Vice President and Executive Director at the World Bank, Executive Director at the International Monetary Fund (IMF) and Vice President at the Inter-American Development Bank. He was also Deputy Minister for international affairs at Brazil’s Ministry of Finance, as well as professor of economics at University of São Paulo (USP) and University of Campinas (UNICAMP). ...