The African Year in 2017
Amid a seismic shift in global politics that is resonating across the world's economies, Africa will need to stand tall in 2017 if it is to position itself effectively in a fast-changing climate for international trade, investment and development assistance. Over-reliance on commodity prices has already exposed a number of African countries to sharp downturns, while others have reaped the benefits of their diversified economic base.
In the year ahead, we anticipate a further divergence in fortunes, strongly linked to how governments manage revenue- and debt-raising to fund ambitious spending plans. Those administrations that show a willingness and capacity to institute reforms and create an environment conducive to investment, trade and diversification will reap the rewards of their efforts amid strong prospects for growth and development. Others that resist pressure to reform or remain hamstrung by their desire to preserve vested interests will stagnate further. Meanwhile, across all of Africa's economies, growing grass-roots pressure for improved government accountability, employment opportunity and broader development will underpin political developments, creating scope both for volatility and landmark change.
In 'The African Year in 2017' we look at some of the key themes shaping Africa's political, economic and commercial outlook in the year ahead:
Roddy Barclay, Head of Intelligence and Analysis
Roddy leads africapractice's political risk advisory and business intelligence team. He has advised clients across diverse sectors on managing political, reputational and security risks for over eight years, and has developed particular expertise in extractives, ICT and financial sector advisory. Roddy formerly worked as a Senior Consultant at Control Risks, where he specialised on West and Central Africa. Throughout his professional career, he has spent considerable amounts of time in Africa for research and consulting purposes, developing strong networks and a good understanding of the local risk environment. He is also a regular commentator in the international media on African political and commercial dynamics. Roddy holds a First Class degree in Modern Languages from the University of Bristol.