Achieving Strong, Sustained and Shared Growth in Africa in the Post-crisis Global Economy

This study provides an overview of the key challenges ahead for the African continent to reach strong, sustained and shared growth and identifies green growth as one of the key means for Africa to overcome these obstacles. Given Africa’s abundant natural and biological resources, good opportunities exist to set a low carbon growth and development path. Furthermore, the study highlights that investing in Africa’s renewable energy resources, such as solar, hydro, wind, thermal and biomass would help to draw international financing, as it could contribute not only to addressing global climate changes and local energy shortage problems, but also to providing a chance to create a new global market. This kind of investment can bring about more jobs and trade opportunities in Africa.

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