Photo: Peter Crowther

Influential thinkers assess Africa’s prospects for the next 12 months

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The Arab Spring may be the most important geopolitical shift since the end of the Cold War. Attention now turns to the construction of new orders, and the outcomes are far from clear. Survey respondents agreed that expectations are high and emerging governments need to respond to long pent-up demands.

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The International Monetary Fund’s most recent forecast for sub-Saharan Africa anticipates average growth of 5.5 percent in 2012. These projections are in line with the expectations of This Is Africa’s sentiment survey. Only two respondents anticipated growth of under 5 percent, with most predicting levels of 5.5-6 percent.

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Interviews

Olusegun Obasanjo

“The reason I am‘re-inventing’myself as an investor... is because I was on the other side when I was in government. During that time I tried to create a conducive environment for investment into Nigeria, knowing fully well that you cannot talk of development and growth without investment”

Andrew Mitchell

“Ninety percent of all jobs around the world are created by the private sector, not governments”

Siegfried Russwurm

“Africa has grown into a focus area and the best proof is that the whole board has convened in South Africa to get a first-hand impression”

Adji Otèth Ayassor

“Our plan has been to attract investors by improving our business climate, making it easier for commerce in the country”

Stephen Chan

“Many countries are going through the protocol of holding an election... but the actual conduct of elections is not legitimate in itself”

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