Browsing: Sustainable economy

Digital economy in Africa, DRC Investment Summit
  • African nation's like Rwanda are investing in top-notch ICT systems
  • Industrialization in Africa is yet a challenge being tackled by most economies
  • Despite the pandemic hitting global economies several African nations stood strong

Follow the numbers they say, if one wants to understand how Africa can go beyond the typical growth trajectory that does not commensurate with its natural capital and human potential to attain economic freedom. Sustainable development is rather crucial for Africa to attain. On that note, efforts such as Africa Continental Free Trade Area (AfCTA) are a tool the region employs to breathe life into that ambition.

Numbers point towards an exciting viewpoint that questions whether Africa can sustain its economic growth without adopting the best available, sustainable economic systems.

The region has been keeping a good track record over the past years. For instance, Tanzania—has become one of the fastest-growing economies in Africa—ascending towards a low-middle-income