This Time It’s Different


By Dominique Strauss-Kahn,

Managing Director of the International Monetary Fund

My final destination in this week’s visit to Africa was Zambia, where I sought the views not just of the government but also of the people—in a town hall with civil society, students, and the media. Zambia has one of the highest economic growth rates in sub-Saharan Africa: 6.3 percent in 2009 and the outlook for 2010 appears positive.
While recognizing that Zambia, just like Kenya and South Africa, has its own unique characteristics, I have pulled together some common threads from what I have been hearing in Africa over the past several days.

Something New Out of Africa: A Global Player


By Dominique Strauss-Kahn,

Managing Director of the International Monetary Fund

The sense of African energy and dynamism that I described during my visit to Kenya is reinforced strongly here in South Africa. And it’s not just World Cup fever—though there are plenty of signs of that too.

By some estimates, close to 10 million people are expected to visit South Africa this summer for the football (soccer) extravaganza—a further boost to its economy and its image in the world. South Africa is a global player.

This country has long been seen as the growth hub in the south and eastern part of the continent. But this past year, as a member of the G-20 group of nations, South Africa has come to be seen as much more–an emerging market, yes. And now also an influence on how global decisions are shaped. This is a new role for Africa in the world—and a new way for Africa to be seen by the world.

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