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The Economist
The Economist
6 Jan 2025


NextImg:To catch up economically, Africa must think big
Special report | Closing arguments

To catch up economically, Africa must think big

But it would require a new surge of ambition 

Hedge funds are paid to anticipate the way the world is heading. So it was notable that a few months ago Nir Bar Dea, the boss of Bridgewater, the world’s largest hedge fund, was in Abidjan, the commercial capital of Ivory Coast, to co-host a summit calling for more money for the World Bank. For Mr Bar Dea, Africa’s population explosion is one of those “long term trends that people don’t pay attention to.”