September 26, 2012

The Atlantic Council’s Michael S. Ansari Africa Center partnered with the Africa Growth Initiative at the Brookings Institution and the African Development Bank to host the Washington launch of the latter’s 2012 African Economic Outlook (AEO) Report with a panel discussion at the Council today.


The panel moderated by Ansari Center Director J. Peter Pham included Mthuli Ncube, chief economist and vice president of the African Development Bank; Todd Moss, vice president of programs and senior fellow at the Center for Global Development; John Simon, founding partner of Total Impact Partners and former US ambassador to the African Union; and Mwangi Kimenyi, director of the Africa Growth Initiative at the Brookings Institution.

Antonio de Lecea, minister and principal advisor for economic and financial affairs at the European Commission Delegation to the United States, also briefly addressed the event. The European Union is one of the principal financial supporters of the AEO Report.

The AEO Report is a collaborative effort of the African Development Bank, the Development Centre of the Organisation for Economic Cooperation and Development (OECD), the United Nations Development Program (UNDP), and the United Nations Economic Commission for Africa (UNECA). The annual report surveys and analyzes the economic performance of fifty-three African countries, including, for the first time this year, Eritrea and newly independent South Sudan. In addition to highlighting growth and positive trends in governance, the 2012 report focused on two of the most critical issues of the continent’s socio-economic development, youth unemployment and education.

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