Agence France-Presse: African nations agree need for economic ‘transformation’
“African governments and the International Monetary Fund (IMF) on Friday agreed on the urgent need to harness the continent’s rapid economic growth, as unrest and a plethora of challenges temper exuberance about the continent’s rise. At a major meeting in Maputo, the IMF, finance ministers, and central bank governors said a deeper ‘structural transformation’ was needed so that ordinary citizens can benefit from the boom…” (5/30).