A rare and timely intervention from Kingsley Chiedu Moghalu, deputy
governor of the Central Bank of Nigeria, on development in Africa. To
many, Africa is the new frontier. As the West lies battered by financial
crisis, Africa is seen as offering limitless opportunities for wealth
creation in the march of globalization. But what is Africa to today's
Africans? Are its economies truly on the rise? And what is its likely
future? In this pioneering book, leading international strategist
Kingsley Moghalu challenges conventional wisdoms about Africa's quest
for growth. Drawing on philosophy, economics, and strategy, he ranges
from capitalism to technological innovation, finance to foreign
investment, and from human capital to world trade to offer a new vision
of transformation. Ultimately he demonstrates how Africa's progress in
the 21st century will require nothing short of the reinvention of the
African mindset.