The Hill Times
Nine coups in the last three years has seen Africa make headlines for all the wrong reasons. But this latest bout of political instability is overshadowing the continent’s vast potential. Finding solutions to collective global issues like the climate crisis, development finance, and reforming multilateral institutions must involve Africa’s 54 nations and 1.4 billion people. The African Union’s recent acceptance into the G20 as a permanent member is a positive step.
And while Africa’s start-up scene continues to be dominated by financial tech companies, 2022 saw clean tech, logistics and mobility all drawing higher levels of investment too. This is occurring just as increased internet connectivity is about to turbocharge Africa’s economic growth. The UN estimates that around three-quarters of the continent’s population will have internet access by 2030 compared to 20 per cent in 2020.
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