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7
Chapter
Way Forward
Reorienting ECA’s Work Programme to respond to the needs of a resilient and changing continent
Africa finds itself in a new macroeconomic environment in which the shifting domestic policies of emerging countries and regional dynamics are shaping global discourse. The continent’s ability to respond to new and emerging challenges will depend on its ability to create much-needed jobs and grow its economies sustainably by fully leveraging its own human, physical and social assets. These changes call for a reorientation of the Commission’s strategic direction and programmes to ensure that it can respond to the evolving needs of member States.
The 2030 Agenda for Sustainable Development and Agenda 2063 of the African Union provide blueprints for Africa to achieve inclusive sustainable development. Rapid technological changes provide Africa’s young and innovative population with opportunities to rapidly transform the continent. African countries need to raise trillions of dollars to finance development. The role of the private sector in effective capital market is critical. By leveraging the private sector, Africa can shift the production frontiers, create sustainable economies, generate additional jobs and build a prosperous continent.
