President Paul Kagame has commended the African continent for boosting economies over the last decade. Addressing the General Assembly of the 48th Annual Meeting of the African Development Bank (AfDB) in Marrakesh, Morocco this morning, Kagame said, “There is no doubt that African economies have been growing at a consistently high rate for the last decade.
President Paul Kagame
This trend is likely to continue in the medium term. Nobody should take the unfolding progress for granted.”
Despite the progress, the President reminded participants that there are still issues facing the continent and called for efforts to find solutions on how to scale them and spread the benefits of the prevailing growth to all the citizens while sustaining the progress.
“Africans are ready; there’s a changing mindset and optimism,” he said, “but this must be accompanied by concrete actions and results. We must refuse the notion of the so-called ‘resource curse’.”
Dr. Donald Kaberuka, AfDB’s president, said that it took Britain 150 years to double its GDP and it has taken Africa 12 years to do the same.
Source The New Times
