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The China in Africa Podcast
The China in Africa Podcast
Why the "Professional Pessimists" Are Wrong About Africa's Economic Future
Africa's economic landscape today looks bleak. Debt levels, unemployment rates and bankruptcies are all on the rise across much of the continent. And it doesn't look like there's going to be much help from the international community to weather the worst financial crisis in a generation. Both Chinese and private creditors aren't giving borrowers a whole lot of flexibility and traditional donors in the U.S., Europe and Japan are preoccupied with their own crises. Given how difficult times are for so many people, it's easy to lose perspective and see only the negative side of things. But Djoudie Etoundi-Essomba thinks that would be a serious mistake. More importantly, the Washington, D.C.-based founder and CEO of the investment advisory firm Emerging Africa Partners argues that while things are indeed challenging now, there are still a lot of reasons to be optimistic about the continent's economic future. Djoudie joins Eric & Cobus to challenge some of the prevailing negative narratives about Africa and explain why he thinks the so-called "professional pessimists" are wrong. JOIN THE DISCUSSION: Facebook: www.facebook.com/ChinaAfricaProject Twitter: @eolander | @stadenesque Follow Djoudie on LinkedIn: linkedin.com/in/djoudieetoundiessomba and following him on Medium at: djoudie-etoundi.medium.com. SUBSCRIBE TO THE CAP'S DAILY EMAIL NEWSLETTER FOR JUST $3 FOR 3 MONTHS. Your subscription supports independent journalism. Subscribers get the following: 1. A daily email newsletter of the top China-Africa news. 2. Access to the China-Africa Experts Network 3. Unlimited access to the CAP's exclusive analysis content on chinaafricaproject.com Try it out for just $3 for 3 months: www.chinaafricaproject.com/subscribe
59 min
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