William Gumede is Associate Professor, Graduate School of Governance, University of the Witwa- tersrand, Johannesburg; and Chairperson of the Democracy Works Foundation. His latest book is South Africa in BRICS: Salvation or Ruination, Tafelberg
Africa is experiencing the longest continued growth spurt for the past decade, Africa has experienced the longest continuous growth spurt since the Second World War and independence from colonialism. The African boom has been fueled mostly by a commodity boom, with income generated by the export of natural resources ﬁnancing a local consumer boom on the continent.
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