The Economist regrets calling Africa “the hopeless continent;” says “Africa is now great”
8About ten years ago, the Economist called ”the Hopeless Continent” in one of its issues. The magazine has changed its tune in its December issue called Africa Rising: The hopeful continent.
In an article in the magazine’s December issue titled: Africa’s hopeful economies: The sun shines bright the magazine notes how Nigerian cement billionaire Aliko Dangote has overtaken Oprah Winfrey as the richest black person in the world. The article also describes how countries such as Ghana, Ethiopia and Mozambique are now among the fastest growing economies in the world and that a “genuine middle class is emerging”.
In its own words:
“Since The Economist regrettably labelled Africa ‘the hopeless continent’ a decade ago, a profound change has taken hold.”
What do you think about the Economist’s recent change in perspective about the African continent?
Read CP-Africa’s mandate to change the African conversation by celebrating what is right about Africa
