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Africa's Development Dynamics 2022

Regional Value Chains for a Sustainable Recovery

image of Africa's Development Dynamics 2022

Africa’s Development Dynamics uses lessons from Central, East, North, Southern and West Africa to develop policy recommendations and share good practices. Drawing on the most recent statistics, the analysis of development dynamics aims to assist African leaders in reaching the targets of the African Union’s Agenda 2063 at all levels: continental, regional, national and local.

The 2022 edition explores how developing regional value chains can help African countries rebound from the socio-economic shocks of the COVID-19 pandemic and accelerate productive transformation. It targets policy areas where private and public actors can support regional value chains when operationalising the African Continental Free Trade Area (AfCFTA). African firms can harness digital innovations to reduce production costs, and governments can design policies for skills development, public procurement and foreign investment to strengthen industrial linkages. Two continental chapters examine related African initiatives and global trends. Five chapters tailor policy recommendations to specific value chains in each region.

Africa’s Development Dynamics feeds into a policy debate between governments, citizens, entrepreneurs and researchers. It proposes a new collaboration between countries and regions, focusing on mutual learning and the preservation of common goods. This report results from a partnership between the African Union Commission and the OECD Development Centre.

English Also available in: French, Portuguese

Sintesi

La pandemia da COVID-19 frena la convergenza delle economie africane con il resto del mondo. Secondo le stime, nel 2022 la crescita economica africana dovrebbe essere inferiore di un punto percentuale rispetto al tasso globale pari al 4,9%. Stando alle proiezioni attuali, i Paesi africani necessiteranno di oltre cinque anni per ristabilire la loro quota del prodotto interno lordo (PIL) mondiale ai livelli pre-COVID (circa il 5 %). L'indebolimento della domanda mondiale di materie prime, le interruzioni della catena di approvvigionamento e le misure sanitarie imposte hanno limitato la capacità produttiva dell'Africa. La nostra analisi di 127 poli industriali africani, basata sull'intensità della luce notturna, sembra indicare una diminuzione della loro attività fino al 7,2 % tra marzo e agosto 2020. Il lento ritmo delle vaccinazioni contro il COVID-19 frena la ripresa. Nel dicembre 2021, solo il 7,7 % della popolazione africana aveva ricevuto una dose di vaccino rispetto al 69,5 % registrato nei Paesi ad alto reddito.

Italian Also available in: English, French, Portuguese

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