Africa is on the move. Policy changes and improved governance and management have led to the highest rates of sustained growth since the days of independence. The proportion of the population in extreme poverty is no longer increasing; democratic change is becoming the norm; African-led efforts have reduced conflict. The global context is also favorable, with the large emerging economies creating new opportunities for Africa. More African countries are credit-worthy, and investment has increased. All this gives cause for optimism. The High Level Panel believes that Africa has its best chance in a generation to make rapid progress—an opportunity that must be seized.

http://www.cgdev.org/doc/events/3.27.08/HLP_Report_Investing_in_Africa.pdf