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African Development Bank (Abidjan)

Why Africa's Growth Isn't Transforming Into Prosperity for All

Africa's recent economic growth has not been accompanied by a real structural transformation. As a result, millions of Africans, especially women and youth, have been left behind. How does growth affect poverty and inequality? How can Africa overcome contemporary and future sustainable development challenges? The 2015 edition of the African Development Bank (AfDB)'s African Development Report (ADR), launched on 26 July 2016, offers analysis, synthesis and recommendations relevant to these questions. Read more. More about AfDB in this BRIEFING.



Photo: AfDB

The 2015 edition of the African Development Bank (AfDB)'s African Development Report was officially launched on 26 July 2016 at the Bank's headquarters in Abidjan, Côte d’Ivoire. African economies have grown substantially over the past decade, but poverty and inequality reduction has remained less responsive to growth successes across the continent, says report.

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Photo: AfDB

From left to right, Sipho Moyo (Chief of Staff and Director of Cabinet), Charles Lufumpa (Acting Chief Economist), Kapil Kapoor (Acting Vice President, Sector Operations), Shimeles Abebe during the launch of the 2015 edition of the African Development Bank (AfDB)'s African Development Report at the Bank's headquarters in Abidjan, Côte d’Ivoire. July 26, 2016.

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