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The new world economy and BADEA

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The last two decades have witnessed changes in the global economy the likes of which have never been seen before. The areas involved are many, such as technology, in particular, the environment, communications, etc.

The world is not, and will never be, what it was only two decades ago. This requires countries to make adjustments in policies and practices in almost all areas in order to deal with new challenges.

Africa, more than any other continent in this world, has to adjust to these realities in order to meet the aspirations of Africans who are no longer strangers in an interconnected global village.

The evidence is that Africa is struggling to cope and to catch up, especially in recent years.

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