American Monetary Association

AMA 104 - Learn About Africa's Economy With Todd Moss

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Synopsis

Todd Moss is the chief operating officer and senior fellow at the Center for Global Development. His work focuses on U.S and Africa relations and financial issues that sub-Saharan Africa is facing. He is also an author and has written several books with his most recent one, The Golden Hour, being a national bestseller. He talks to Jason about Africa, the economy, and why it matters.    Key Takeaways: 2:50 – 7 out of 10 of the fastest growing economies in the world are in Africa.  6:10 – We are seeing Africans transition from being very, very poor to becoming middle class.  9:25 – There's a lot more foreign investment in Africa and the countries that were very badly managed in the 70-80s are now being managed much better.  11:30 – Will outsourcing and manufacturing move to Africa? Todd explains in this segment.  13:50 – A lot of Africans speak English as their native language and the second largest language is French.  16:25 – Is there a strong Al Qaeda presence in Africa?  22:15 – Todd talks about his latest