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Podcast: IMF Podcasts
Episode:

Sub-Saharan Africa’s Push to Diversify

Category: Business
Duration: 00:09:55
Publish Date: 2018-01-26 10:39:11
Description:

In the new world of lower commodity prices, many sub-Saharan African countries are having to diversify their economies. And while sub-Saharan Africa has had periods of rapid growth, the process by which workers move from low-productivity jobs to better paying higher productivity jobs has been slower than in other regions. The IMF’s latest Regional Economic Outlook for sub-Saharan Africa devotes an entire chapter to studying the potential benefits of a stepped-up diversification agenda. In this podcast, co-author Axel Schimmelpfennig says Africa’s young entrepreneurs should be at the heart of the diversification process.

Axel Schimmelpfennig, IMF Mission Chief for Uganda

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