Growth and inequality at the same time
Inequality in Africa is increasing despite a growing economic growth. The growth mainly derives from export of raw material which is manufactured elsewhere. Inequality increases because foreign investments seldom lead to job opportunities in Africa and too often only favor local elites.
– It is a challenge to get investments that develop the agricultural sector and also result in domestic manufacturing industries, says NAI researcher Mats Hårsmar to Swedish radio.
Listen to interview with Mats Hårsmar due to that five Swedish ministers went to World Economic Forum in Cape Town (in Swedish, opens in new window).