Africa: Visions of Development Have Shifted in Africa Over the Past Two Decades – Study Explores How Rwanda and Ethiopia Tried to Shape the Future

The economic challenges facing Africa have shifted the continent into a new era of development, amidst crises such as COVID-19 and war-induced inflation, exacerbated by increasing debt and recent conflicts. Rwanda and Ethiopia stand out with ambitious state-led development plans, with Rwanda focusing on a Dubai-style financial hub and Ethiopia on manufacturing and infrastructure. Drawing on modernist development approaches, these countries have incorporated pro-market reforms, private enterprise, and neoliberal policies to drive economic growth and development.

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