Embracing Impact: How Africa Can Overcome the Emerging Market Downturn

Presentation by:

Dr. J. Peter Pham 
Director, Africa Center
Atlantic Council 

Aubrey Hruby
Senior Fellow, Africa Center
Atlantic Council 

Discussion with:

Uche Orji
CEO and Managing Director​
Nigerian Sovereign Investment Authority

Others to be confirmed​

In January 2016, oil prices fell to their lowest levels in more than a decade. Meanwhile, China, the world's second-largest economy, is experiencing its most sluggish growth in a quarter century. The effects of this broad slowdown will hurt African economies more than most, because China and other emerging markets have not only been primary consumers of African commodities, but also have been significant sources of financing for the major infrastructure and other development projects that are essential to Africa's future growth.

The current emerging market downturn offers a serious challenge to economies across the developing world. Some countries—including Morocco, Senegal, Côte d'Ivoire, and some of those in East Africa—will weather the downturn better than their neighbors and will use current economic conditions as an opportunity to effectively prepare for future price shocks. Hopefully, others will follow.

Members of the media should contact Press to register.

This report is part of a partnership between the Atlantic Council’s Africa Center and the OCP Policy Center and is made possible by generous support from the OCP Foundation.

Atlantic Council
1030 15th Street NW, 12th Floor (West Tower Elevator) 
Washington, DC 

This event is open to press and on the record. 

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