To combat poverty, get Africa's children to school

Gordon Brown:

As developed countries strive for post-crisis growth, Africa is on the verge of an economic leap forward. A $1,500bn economy, the continent is ready to leave the third world. Its resources, both natural and human, are untapped. Foreign investment is at last beginning to flow. Its leading nations are even competing to join the fast-developing "Bric" countries. But as will be clear at today's millennium development goals summit in New York, while Africa is close to a breakthrough it has not happened yet.

Any African advance will depend on three crucial factors. First, a wider opening to trade, given that 80 per cent of current exports remains in oil and agriculture. Second, a new African common market is needed. Only regional integration can overcome the fact that only a 10th of Africa's trade is within Africa itself. Finally, better infrastructure: African road capacity is half that of Latin America and less than a third of Asia's.

Posted by Jim Zellmer at September 20, 2010 3:04 AM
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