Economic Transformation and Trade

Sustainable economic transformation is central to many African development strategies. The continental strategy, the African Union’s ‘Agenda 2063’, also envisions a fundamental economic transition, very much in line with the global 2030 Agenda for Sustainable Development. Our aim is to help African countries and institutions accomplish these strategies.

Sustainable economic transformation goes far beyond simple economic growth. It includes sustainable and climate-friendly endeavours, equity and inclusiveness, a business-friendly climate and cooperation between the private sector and governments. It encompasses access to reliable infrastructure, movement away from excessive reliance on natural resources, diversification of economies through industrialisation and integration into regional and global value chains. Above all, it is about creating decent jobs for all and leaving no one behind.

Our research and analysis supports African policies in these areas, while also informing the development policies of international partners. We work with actors seeking to contribute to development, helping them align their efforts with the positive dynamics on the African continent. Our work deepens understanding of the economic, institutional, political, social and environmental factors that drive or hinder change, as well as the interests and incentives in play.

We work together with the African Union Commission, the African regional economic communities (RECs), business associations, the European Investment Bank (EIB) and the African Development Bank. Also among our collaborators are African and European think tanks, alongside civil society organisations and EU development partners.