Appeal to investors: according to prof. Jeffrey Sachs, American economist and bestselling author, Africa will achieve the same progress of China in the next 40 years. It’s therefore the place that investments should target, but there are some conditions that African government should ensure.
Not only infrastructure develpment, but also development of human capital. Moreover, stop borrowing short-term it is his warning. Economic development is a long term process and cannot be funded by short term loans:
Jeffrey Sachs is one of the most acknowledged global experts on capacity building and development.
I had the pleasure to meet Professor Sachs several times during my time as Director of Capacity Building in World Customs Organization, a voice worth listening to.
Source: AfricanThinkTankGroup