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Africa’s Opportunity

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Add to Bookmarks Although the COVID-19 pandemic has deepened Africa’s political and economic problems, and increased its funding needs, the crisis may yet trigger bold initiatives in international relations, trade, debt sustainability, and foreign investment. Will Africa and the world seize the chance to chart a new and better course? In this Big Picture, Harvard University’s Célestin Monga urges US President Joe Biden’s administration to rekindle the US-Africa relationship at the symbolic, strategic, and operational levels. Likewise, Carlos Lopes of the University of Cape Town shows why Africa and the

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Although the COVID-19 pandemic has deepened Africa’s political and economic problems, and increased its funding needs, the crisis may yet trigger bold initiatives in international relations, trade, debt sustainability, and foreign investment. Will Africa and the world seize the chance to chart a new and better course?

In this Big Picture, Harvard University’s Célestin Monga urges US President Joe Biden’s administration to rekindle the US-Africa relationship at the symbolic, strategic, and operational levels. Likewise, Carlos Lopes of the University of Cape Town shows why Africa and the European Union – the region’s main trade and investment partner – should revamp their ties and build a stronger, more equal partnership. And Hippolyte Fofack of the African Export-Import Bank and Pat Utomi of the African Union’s Pan-African Private Sector Trade and Investment Committee explain why Africa must demand a level playing field from the World Trade Organization.

Turning to the pandemic’s impact on debt sustainability, 

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