The G20 and Africa
Africa and the German G20 presidency
The German government has identified deeper cooperation with Africa as one of the top priorities for its G20 presidency. Against this background, the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE) and the Kiel Institute for the World Economy (IfW), as the coordinators of the T20 process in 2016/17, together with the South African Institute of International Affairs (SAIIA), are hosting the T20 Africa Conference: Building alliances for sustainable development on 1-3 February in Johannesburg, South Africa.
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All low-income countries have the potential for dynamic economic growth. We know this because we have seen it happen repeatedly: a poor, agrarian economy transforms itself into a middle- or even high-income urban economy in one or two generations. The key is to capture the window of opportunity for industrialization arising from the relocation of light manufacturing from higher-income countries. That was true in the past and remains true for Africa today.
