Emerging Africa: how the global economy's 'last frontier' can prosper and matter

Contributor(s): Kingsley Chiedu Moghalu | To many, Africa is the new frontier. As the West lies battered by financial crises, Africa is seen as offering limitless opportunities for wealth creation in the march of globalisation. In his new book, Emerging Africa: How the Global Economy’s “Last Frontier” Can Prosper and Matter, Kingsley Moghalu, in considering the questions of what Africa means to today’s Africans and whether Africa is truly on the rise, 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 twenty-first century will require nothing short of the reinvention of the African mindset. Kingsley Chiedu Moghalu is deputy governor of the Central Bank of Nigeria. One of Africa’s leading economic thinkers and policymakers, he worked for the United Nations for 17 years in New York, Cambodia, Croatia, Tanzania, and Switzerland, and was the founder and CEO of Sogato Strategies SA, a global risk and strategy advisory firm in Geneva, Switzerland. Kingsley Moghalu was educated at LSE where he earned his doctorate, Tufts University’s Fletcher School of Law and Diplomacy, and the Faculty of Law of the University of Nigeria, Nsukka. He is the author of two other books, Global Justice and Rwanda’s Genocide. Catherine Boone is professor of comparative politics and African political economy at LSE.