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The Lake Turkana Wind power project. Renewable energy remains the best bet for powering Africa. www.theexchange.africa

How Africa’s economy will transform this decade

Africa's Development

The AfDB notes that high commodity prices have played a role in seeing the African economy’s take off but not only so, macroeconomic policies and sustained reform have also helped improved the growth. Other key factors that have contributed to this growth include stronger governance and better conditions for private sector development.
A damper to the rallying growth of the African economy is conflict which remains a concern though incidences have declined which has reduced the contagion for neighbouring countries and boosting investor confidence in many regions.