Africa faces economic challenges not seen for many years. Growth is slowing and commodity prices have fallen. Inequality is high and growing fast in many countries. Africa’s greatest natural resource, its young people, risks being squandered. Africa is losing billions to corruption, poorly negotiated deals and tax dodging. Citizens are becoming more outspoken and more active – unhappy with the deals their leaders are striking. Leaders must listen to their people.
They must crack down on tax dodging and maximize progressive revenues to invest in the classrooms, clinics and crops that will create a more human economy for Africa.