21 July 2009
President Obama was right to give his recent address in Ghana, highlighting an African success story rather than casting his speech against the backdrop of poverty and pity. One of the great underreported stories of the last decade has been the rise of this new Africa. In 2007, before the economic crisis hit, 37 countries on the continent were growing at 4 percent a year or more, and 34 countries there are classified by Freedom House as "free" or "partly free." The OECD reports that, in a first, Africa gets more money from investors than from foreign aid. The continent remains poor, disease-stricken, and often poorly governed. But for the first time in a long time, there is forward momentum.