In the last quarter-century, the state of both governance and the media in
Africa have shown encouraging progress. Not only has Africa moved beyond the worst legacies of colonialism, but it has also transcended the rigid constraints of the Cold War. Old dogmas have given way to a new pragmatism – a new freedom to innovate, experiment and find African answers to African challenges.
Africa has learned a lot about democracy in these years, both its fragility and its potential. Governments are increasingly expected to change peacefully, to cooperate regionally, to attract the capable, and to punish the corrupt. And the progress reaches beyond governments. As the Economic Commission for Africa concluded in its recent report: “Civil society and the media have increased their voice and power in the last decade of democratic reforms.”
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Following the latest G20 summit, the G7 should be thinking seriously about deepening its own ties with more non-aligned countries. If the Ukraine war drags on, and if China continues to threaten to take Taiwan by force, the G20 will be split between friends of the BRICS and friends of the G7.
sees the grouping as increasingly divided between friends of the G7 and friends of China and Russia.
To prevent catastrophic climate change and accelerate the global transition to a net-zero economy, policymakers and asset owners urgently need to rethink how we channel capital at scale. The key is to develop new financial instruments that are profitable, liquid, and easily accessible to savers and investors globally.
explain what it will take to channel private capital and savings toward sustainable development.
In the last quarter-century, the state of both governance and the media in
Africa have shown encouraging progress. Not only has Africa moved beyond the worst legacies of colonialism, but it has also transcended the rigid constraints of the Cold War. Old dogmas have given way to a new pragmatism – a new freedom to innovate, experiment and find African answers to African challenges.
Africa has learned a lot about democracy in these years, both its fragility and its potential. Governments are increasingly expected to change peacefully, to cooperate regionally, to attract the capable, and to punish the corrupt. And the progress reaches beyond governments. As the Economic Commission for Africa concluded in its recent report: “Civil society and the media have increased their voice and power in the last decade of democratic reforms.”
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Subscribe now for unlimited access to everything PS has to offer.
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