Emerging Africa: How the global economy’s & last frontier’ can prosper and matter

Kingsley Chiedu Moghalu is deputy governor of the Central Bank of Nigeria14 June 2013, Sweetcrude/African Press Organization, APO, ABUJA, Nigeria — Bookcraft (http://www.bookcraftafrica.com) has published a new book by Kingsley Moghalu, deputy governor of Nigeria’s Central Bank.

Against the backdrop of a deluge of newspaper and magazine articles about the rise of Africa, and the attendant new scramble for playing space on it, an African policy-maker and academic has cast a keen, searching eye on the continent, cutting swiftly through buzz and hype and sentiment to deliver a weighty, forward-looking and realistic assessment.

From globalization to foreign aid and investment to China to the knowledge economy, and world trade, nothing escapes Moghalu’s insightful critique. In his words: “Emerging Africa sets out to interrogate the prevailing conventional wisdom about Africa and its economic growth prospects, and go beneath the surface of both afro-optimism and afro-pessimism to decode and address what really has held Africa down and how the continent can prosper and matter in the world through far-reaching economic transformation.”

What people are saying:
“Africans seriously analyzing Africa’s opportunities are all too rare. Kingsley Moghalu writes with insight and authority. Emerging Africa deserves a wide audience.”

Paul Collier – Professor of Economics, Oxford University: “Kingsley Moghalu brings a remarkable intellect and his vast experience to this tour de force on Africa’s economic transformation.”

Ngozi Okonjo-Iweala, Coordinating Minister of the Economy and Minister of Finance, Federal Republic of Nigeria:
“Emerging Africa offers a profound perspective on how African countries can achieve true prosperity.”

Lamido Sanusi, Governor, Central Bank of Nigeria:
“Insightful and analytical, Kingsley Moghalu’s book, Emerging Africa, sheds instructive light on Africa’s position in the world.”

Shashi Tharoor, former UN Under-Secretary General and author of Pax Indica: India & the World of the 21st Century.
“Kingsley Moghalu approaches Africa as the ‘last frontier’ with the perspective of a savvy Sherriff.”

Rt. Hon. Lord Mark Malloch-Brown, former Minister of State for Africa, Asia and the UN, United Kingdom Foreign Office.

About the author:
Kingsley Chiedu Moghalu is deputy governor of the Central Bank of Nigeria. Before then he was founder and CEO of Sogato Strategies S.A., a global strategy and risk management firm in Geneva, Switzerland. He spent seventeen years working for the United Nations, at duty stations in New York, Cambodia, Croatia, Tanzania and Switzerland.

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