{"id":595139,"date":"2019-09-17T03:56:45","date_gmt":"2019-09-17T03:56:45","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/"},"modified":"2019-09-17T03:56:45","modified_gmt":"2019-09-17T03:56:45","slug":"could-the-new-scramble-for-africa-benefit-africans-above-all","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/","title":{"rendered":"Could the new \u2018scramble for Africa\u2019 benefit Africans above all?"},"content":{"rendered":"

Could the new \u201cscramble for Africa\u201d benefit Africans above all?<\/b> The latest rush by non-African countries to find avenues for trade and investment on the continent is, the Economist argues, a chance to put Africans in the driving seat (watch, runtime: 04:10<\/a>). Greater openness, fewer wars, and better macroeconomic policies have all seen Africa as a continent become two-fifths wealthier than it was in 2000, and the scale of foreign interest in setting up agreements now is unprecedented, with a record 320 new embassies built between 2010 and 2016.<\/p>\n

But in many countries corruption is still endemic<\/b>, and even well-intentioned governments sometimes need to be more strategic in securing fair agreements that will benefit them as much as their non-African counterparts.<\/p>\n

So how can Africans leverage this foreign interest to come out on top?<\/b> Voters and watchdogs need to insist on more transparency in the way that agreements are set up and projects implemented, the video says, citing the recent work of Kenyan journalists in exposing scandals connected to a Chinese railway project as a great example of holding leaders to account.<\/p>\n","protected":false},"excerpt":{"rendered":"

Could the new \u201cscramble for Africa\u201d benefit Africans above all? The latest rush by non-African countries to find avenues for trade and investment on the continent is, the Economist argues, a chance to put Africans in the driving seat (watch, runtime: 04:10). Greater openness, fewer wars, and better macroeconomic policies have all seen Africa as […]<\/p>\n","protected":false},"author":1,"featured_media":595140,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9004],"tags":[7098,72,125,132,2388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-595139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-watching","tag-africa","tag-enterpriseam","tag-investment-watch","tag-trade","tag-worth-watching","wpautop","entry"],"acf":{"mongo_id":"39b4251a-15ca-4399-a0fd-2f67ff84632c","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2019\/9\/2336.jpg","photo_position":"above","related_issue":[595113],"teaser":"","voice_url":""},"yoast_head":"\nCould the new \u2018scramble for Africa\u2019 benefit Africans above all? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/17\/could-the-new-scramble-for-africa-benefit-africans-above-all\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could the new \u2018scramble for Africa\u2019 benefit Africans above all?\" \/>\n<meta property=\"og:description\" content=\"Could the new \u201cscramble for Africa\u201d benefit Africans above all? The latest rush by non-African countries to find avenues for trade and investment on the continent is, the Economist argues, a chance to put Africans in the driving seat (watch, runtime: 04:10). 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According to research from the law firm and Oxford Economics, countries need to double down on eliminating limitations related to infrastructure, resources, and other regional trade agreements that might\u2026","rel":"","context":"In "THE MACRO PICTURE"","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/11\/3053.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599193,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/20\/what-african-economic-integration-could-do-for-egypt\/","url_meta":{"origin":595139,"position":1},"title":"What African economic integration could do for Egypt","author":"enterpriseam admin","date":"20 June 2019","format":false,"excerpt":"Is Tarek Amer calling for an African version of the ECB? CBE Governor Tarek Amer spoke on the benefits of African nations further integrating their economies, going so far as to call for a unified monetary policy for the continent. Speaking with CNBC Africa on the sidelines of last week\u2019s\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/6\/801.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570140,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/19\/africa-could-be-well-placed-to-cope-with-the-covid-19-outbreak\/","url_meta":{"origin":595139,"position":2},"title":"Africa could be well-placed to cope with the covid-19 outbreak","author":"enterpriseam admin","date":"19 March 2020","format":false,"excerpt":"Could covid-19\u2019s late arrival in sub-Saharan Africa leave it better-positioned to cope than the rest of the world? While the virus has continued to spread around the world at breakneck speed, Africa has until now escaped relatively unscatched \u2014 a blessing considering the fragility of many of the continent\u2019s healthcare\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/3\/230.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570817,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/15\/can-africa-imitate-chinas-rapid-development\/","url_meta":{"origin":595139,"position":3},"title":"Can Africa imitate China\u2019s rapid development?","author":"enterpriseam admin","date":"15 April 2020","format":false,"excerpt":"Can Africa imitate China\u2019s rapid development? Africa could harness its manpower and natural resources to generate massive economic growth, the Economist reports (watch, runtime: 15:36). 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