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HomeNews & EventsBiannual Research Workshop - Nairobi, Kenya, 2-6 December 2018

Foresight Africa: Top Priorities for 2018

 

 

The Brookings Institution Africa Growth Initiative (AGI), African Economic Research Consortium (AERC) and the Kenya Institute for Public Policy Research and Analysis (KIPPRA), had a joint launch of AGI’s flagship report titled, Foresight Africa: Top Priorities for 2018 in Nairobi, Kenya on Thursday, January 25, 2018 at Crowne Plaza Hotel. The Chief Guest was Hon. Henry Rotich, Cabinet Secretary, National Treasury, Kenya.
 
This sitting featured opening statements by the Chairman of the session, Prof. Njuguna Ndung’u, former Governor, Central Bank of Kenya, and welcoming remarks by Prof. Lemma Senbet, AERC Executive Director, and Dr. Rose Ngugi, KIPPRA Executive Director, and then a keynote speech by Hon. Rotich. Presentation of key messages from the report were made by AGI Director, Dr. Brahima Coulibaly. A public/private sector policy roundtable that was also scheduled later concluded the activities for the day.  


 
It is now evident that in a world where China and other emerging economies are ascendant, where cooperation on global governance is under challenge, and where free trade faces headwinds, Africa needs its own institutions and leaders to play a more assertive role in advancing the continent’s agenda. The potential for a more unified Africa to create never-before-seen opportunities for trade and economic prosperity is gaining traction. Though the threat of terrorism and political instability still hangs over regional hotspots, neighboring African countries are leading peace negotiations and contributing to solutions. Policymakers in the region are striving to tackle human development challenges with increasing success, while African businesses and entrepreneurs are innovating and creating jobs.
 
This is why in its report, the Brookings Foresight Africa 2018 takes a multifaceted look at six broad issues facing the African continent organized in the following six chapters.
 

  1. Unleashing Africa’s inner strengths: Institutions, policies, and champions
  2. Sustainable financing for economic development: Mobilizing Africa’s resources
  3. Broadening the benefits of growth: No one left behind
  4. Rethinking Africa’s structural transformation: The rise of new industries
  5. Harnessing Africa’s digital potential: New tools for a new age
  6. Reassessing Africa’s global partnerships: Approaches for engaging the new world order
 
Each chapter in this report explores the challenges and opportunities that these themes present and includes an issue brief examining the topic as well as viewpoints from high-level policymakers, academics, and practitioners. The report also includes extensive figures, tables, and other graphics to further illustrate Africa’s progress, highlight priorities for the continent in 2018, and complement the authors’ thoughts and recommendations.
 
In a nutshell, The Foresight Africa 2018 report argues that Africa needs its own institutions and leaders to play a more constructive part in pushing the continent’s agenda. Already, policymakers in the region are implementing new strategies and making progress in addressing the region’s toughest human development challenges while African businesses and entrepreneurs are innovating and creating jobs.
 
About African Economic Research Consortium (AERC)
African Economic Research Consortium, established in 1988, is a premier capacity building institution in the advancement of research and training to inform economic policies in sub-Saharan Africa. It is one of the most active Research and Capacity Building Institutions in the world, with a focus on Africa. AERC’s mission rests on two premises: First, that development is more likely to occur where there is sustained sound management of the economy. Second, that such management is more likely to happen where there is an active, well-informed cadre of locally-based professional economists to conduct policy-relevant research. AERC builds that cadre through a programme that has three primary components: research, training and policy outreach. The organization has now emerged as a premier capacity building network institution integrating high quality economic policy research, postgraduate training and policy outreach within a vast network of researchers, universities and policy makers across Africa and beyond. AERC has increasingly received global acclaim for its quality products and services, and is ranked highly among global development think tanks.

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The Kenya Institute for Public Policy Research and Analysis (KIPPRA)
The Kenya Institute for Public Policy Research and Analysis (KIPPRA) is an autonomous public institute that was established in May 1997 through a Legal Notice and commenced operations in June 1999. In January 2007, His Excellency the President signed the KIPPRA Bill into law and the KIPPRA Act No. 15 of 2006 commenced on 1st February 2007.The Institute is thus an autonomous Think Tank established under an Act of Parliament. The overall goal and mandate of KIPPRA is to improve public policy making for realization of national development goals, through economic forecasting, policy analysis and research, and formulation of medium and long-term strategic perspectives for economic and social development.

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The Brookings Institution’s Africa Growth Initiative
Established by the Brookings Institution as research strategy on Africa’s development challenges, the Africa Growth Initiative seeks to draw on knowledge and analysis of African researchers, and to build stronger relationships between the Institution and the African policy and research community for better-informed development policy in and towards Africa. AGI believes that the time is right for Africa to sustainably and inclusively converge with the rest of the world in terms of standards of living, opportunity, and Gross Domestic Product (GDP) per capita income.  However, for Africa to achieve transformative growth and hence meaningfully impact the continent’s startling rates of poverty and inequality, regional leaders and their U.S.-based counterparts need new models and policies for economic development, which expand opportunity for workers, families, and communities. The Brookings Institution supports this process by producing and disseminating high-quality, independent policy research, which helps establish long-term strategies for economic growth and enhances the programs of Africa’s key partners in Washington, D.C.

 
 
 

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