Challenges

The region faces a myriad of challenges to regaining the momentum on growth. Addressing these challenges will require deep reforms to improve institutions for private sector growth, develop local capital markets, improve the quantity and quality of public infrastructure, enhance the efficiency of utilities, and strengthen domestic resource mobilization. In this report, we spotlight a few pressing challenges that several African countries are facing: a slowdown in investment, still high trade logistics costs that impede competitiveness and export diversification, and rising debt levels.

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