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Submitted by Samuel Maimbo on
I love the arguement that Africa is the next BRIC!. While Africa is not one country, the comparison (or rather hope) is valid). Brazil, Russia, India and China have shown tremendous economic progress not on the back of uniform or even widespread economic development across all states/regions. The internal income disparities remain. Their growth has been led by a few key champion sectors or regions. Such a strategy is what Africa needs to become a BRIC. Our collective acceptance that some countries on the continent are basket cases and that their long term development rests in the spillover effects of other countries in their region making significant economic gains. Let us stop spreading the limited development resources across 47 countries leaving each with crumbs. Let us be bold enough to pick pick winners and make a meaningful effort for notable economic progress.