Blog - On Monday, January 30, the Brookings Africa Growth Initiative (AGI) will launch its annual flagship report, Foresight Africa.
Since we launched the previous edition of Foresight Africa in January 2022, our world has changed remarkably. Russia invaded Ukraine--an unanticipated event that roiled the global economy and sent food, fuel, and fertilizer prices sky high. Sanctions on Russia resulted in trade and logistical bottlenecks, which added more pressure on already strained supply chains. The U.S.
With these external and internal headwinds, it is easy to be pessimistic about Africa's prospects. Yet, time and time again--as we have seen in the case of the Ebola crisis, HIV/AIDS crisis, and now the COVID-19 pandemic--Africa has proved resilient. We must be conscious of the danger of a single story--especially as many African countries will continue to fare well, despite the odds.
Despite these obstacles, I open this year's edition on an optimistic note, bearing in mind Africa's resilience and demonstrated capacity to weather severe headwinds.
Being cognizant that there have been few moments in history where the world has experienced such a multitude of successive shocks, going into 2023, we see renewed solidarity and collaboration emerging across Africa to address the confluence of crises. I and the Africa Growth Initiative team are therefore excited to feature Africa's newfound solidarity on this year's cover.
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