Africa’s future brighter than you think

While we read and hear about the staggering economic rise of China, and the dramatic changes across the border in Mexico and in the major countries of South America, Africa remains largely remote, a continent of conflict, disease and horrors perpetrated in the name of religion.

Yet Africa is experiencing rapid economic development. Certainly it is in its early stages, and it is more pronounced in West Africa, but it is obvious, measurable and transformative. 

Now David de Ferranti, a former senior official at the World Bank, will describe the continent’s economic trajectory and the powerful engines for change its rising economies are unleashing at the next Salisbury Forum, Friday, Feb. 27, at 7:30 p.m. at Housatonic Valley Regional High School.

De Ferranti began his academic career as a student at the Kent School. He received his B.A. from Yale with honors, then earned a Ph.D. in economics from Princeton. For 30 years he worked at the World Bank, many of them as a regional vice president with responsibility for investing billions of development dollars in Africa and South America. 

Now president of Results 4 Development, a nonprofit group he co-founded, de Ferranti works with a staff of more than 60 people to bring private money for education, health care and better government to developing countries.

In his Forum presentation, de Ferranti will give examples of both development successes and failures in Africa as well as describe some personal experiences he had while working there. He will also relate Africa’s economic growth to U.S. and other world economies, and he will explain why Africa’s rise should and does matter to Americans.

 David de Ferranti will present “Up from Poverty: Can Africa Catch Up with Asia” at the Salisbury Forum, Friday, Feb. 27, 7:30 p.m., at Housatonic Valley Regional High School. As with all forum programs, admission is free. 

 

 

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