Davos: The Potential For Wealth - Is The African Renaissance For Real? Or Will Development Hopes Again Be Dashed? Nigerian President Umaru Musa Yar'Adua Makes The Positive Case.

From: The Banker | Date: March 1, 2008 | Copyright information

Fifty years of post-independence failure in Africa has been a tough but effective school for educating governments on policy reform. That is why experts believe that the mistakes made in the last commodities boom - when much of the revenue was either plundered or squandered - will not be repeated in the current upturn. But good governance is critical and it is essential to get all the key points of a governance agenda in place, because missing any one of them will destroy the entire programme.

"I believe that Africa is putting in place structures that will ensure the ...

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