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Analyzing the co-relation of the rise of Africa and the continents’ increasing embrace of democracy

Friday, April 5, 2013

Africa is rising not only on the growth charts of economists.

The continent that was a byword for poverty, chaos and bloodshed only a few decades ago, providing a media feast of famines and wars, is slowly but steadily notching up gains on the democracy scorecard too.

Last month’s peaceful Kenyan presidential election – and the Supreme Court process that confirmed Uhuru Kenyatta’s narrow win – confounded pundits’ predictions that East Africa’s biggest economy would tumble back into “inter-tribal violence”.

The Kenyan election, following a line of hotly-contested but broadly smooth elections last year in Senegal, Sierra Leone and Ghana, has bolstered what many see as a spreading embrace of multi-party democracy in Africa.

Combined with better economic management by many governments and a fast-growing population of young workers and consumers, this improving political maturity will underpin expected gross domestic product (GDP) growth for Sub-Saharan Africa of 5 percent or more this year.

“If you peel back ‘Africa Rising’, it is not just growth rates,” said John Stremlau, Vice President for Peace Programs at the Atlanta-based Carter Center and a veteran observer of African elections, including the most recent Kenyan one.

In a December outlook for Sub-Saharan Africa, Fitch Ratings called the vote in Kenya, seen as a political and economic anchor in East Africa, an “important inflection point”.

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