African Economic Development, 2021: Frost Radar Report

Buoyed by strong growth in agriculture, commodity prices, and a partial rebound in tourism amid prevalent risks to growth, the African economy is on the road to recovery from the pandemic in 2021

This report for Economic Development determines a region's future growth and development potential measured by its ability to enhance quality of life (QOL) for its citizens. The report explores Africa’s key strengths and weaknesses through country-level assessments of growth and innovation initiatives and then benchmarks each country on these 2 indices.

Buoyed by strong growth in agriculture, commodity prices, and a partial rebound in tourism amid prevalent risks to growth, the African economy is on the road to recovery from the pandemic in 2021. This report on Economic Development in Africa, 2021, diagnoses the significant challenges to the region’s growth environment, including protracted vaccine shortages, weak fiscal health, and high commodity dependence among others. By measuring performance against the major sub-pillars of the Innovation in Education, Healthcare, Environment, Infrastructure, Human Rights, and Security, This report offers broad-based insights into the regional economic pulse and identifies key drivers underpinning the growth momentum in the region, such as the Africa Continental Free Trade Area.

In this research, the publisher indexes the top 10 economies in the African region, South and West Africa, and sub-Saharan Africa to determine what makes them the regional leaders. This report is intended to empower governments, policy makers, investors, and businesses to identify strategic imperatives for future growth.

Key Issues Addressed:

• What are the regional strategic imperatives for the governments in Africa?
• Which countries are the regional leaders for innovation?
• Which countries are the regional leaders for growth?
• How does East Africa compare to West African economic development?
• What are the driving forces for change in Africa?
• What policies and plans have aided in economic growth?
• What is the future growth potential of the African economies?