The latest African Economic Outlook released at the African Development Bank Group’s Annual Meetings shows that Africa has weathered internal and external shocks and is now in a position to achieve healthy economic growth rates. Produced annually by the AfDB, the OECD Development Centre and UNDP, this year’s report reveals that he continent’s growth is projected to accelerate to 4.8 % in 2014 and 5 to 6 % in 2015, levels which have not been seen since the global economic crisis of 2009. It also argues that by participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough.  

The 2014 installment of the Africa Progress Panel Report entitled “Grain, Fish, Money” takes an unflinching look at the risks and opportunities facing the continent and puts its natural resources and assets at the heart of its transformation. While acknowledging Africa's undoubted economic successes , the Panel highlights that its progress in reducing poverty is less than impressive, with Governments failing to transform economic growth into opportunities for all. The report was recently the subject of a High-Level Dialogue held at the AfDB Annual Meetings in Kigali, Rwanda.