Africa’s biggest challenge isn’t potential, it’s execution
RMB chief economist Isaah Mhlanga joins Moneyweb’s Jeremy Maggs at the RMB Think Summit to discuss the global reset, economic resilience and more.
has no shortage of resources, opportunities or growth potential, but turning that potential into economic progress requires stronger institutions and effective execution.
Speaking to Moneyweb’s Jeremy Maggs at the RMB Think Summit, Isaah Mhlanga shared his views on the global reset, economic resilience, infrastructure investment and why Africa must back itself to unlock long-term growth.
Mhlanga says the global reset is already underway, with geopolitical tensions, supply chain disruptions, and energy market volatility reshaping economies worldwide.
For South Africa and the broader continent, he argues, resilience must become a priority.
Measures such as electrifying logistics networks and reducing reliance on volatile fuel prices could help economies better withstand external shocks.
The discussion also focuses on investment in education, skills development and infrastructure. Mhlanga argues that Africa cannot depend solely on external funding to solve its challenges and should place greater emphasis on investing in its own people and productive capacity.
The continent’s youthful population offers significant potential, provided people are equipped with the skills needed to participate in a modern economy.
Execution remains a major challenge.
While many countries have ambitious development plans, implementation often falls short. Mhlanga notes that the private sector is increasingly helping to close that gap, particularly in energy, logistics and infrastructure.
He also points to regional infrastructure projects, increased beneficiation and stronger intra-African trade as opportunities to unlock greater value across the continent.
As perceptions shift, investors are increasingly viewing Africa less as a risk story and more as a growth opportunity.
His message is that Africa’s future will depend on its ability to strengthen its institutions, invest in its priorities and turn plans into results.
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