Speech by Angel Gurría, OECD Secretary-General
Monday 6 October 2014 – Paris, France
OECD Conference Centre – 2, rue André Pascal, 75016 Paris
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With an average growth rate of about 4% in 2013, compared with 3% for the global economy, Africa continues to show strong dynamism in the face of regional and international turbulence. The continent´s average growth is projected to accelerate to close to 5% in 2014 and 5-6% in 2015. Governments therefore enjoy new leeway to implement their economic and social transformation agendas. However, success will require making this growth more inclusive and more sustainable; for instance by helping African firms harness regional and global value chains to create new jobs, or by implementing innovative territorial policies to make the most of emerging rural/urban dynamics.
The Africa Forum is hosted every year at the OECD for policy makers, private sector representatives, academics and civil society leaders to debate the performance of African economies and the challenges ahead. Organised by the OECD Development Centre in partnership with the African Union, the 2014 edition focused on the pan-African agenda of economic and social transformation. It assessed its progress in the light of changing global trade patterns and the demographic challenges ahead, while reviewing the implications of the Ebola crisis.
The debates benefited from the conclusions of the African Economic Outlook 2014 report, jointly produced by the OECD Development Centre, African Development Bank (AfDB) and the United Nations Development Programme (UNDP). The publication is available at www.africaneconomicoutlook.org.