Despite these challenges, Dr. Barnett illuminated Africa’s vast potential, driven by its demographic advantages, rich natural resources, and untapped markets, particularly in renewable energy.
However, she stressed that realizing this potential requires harnessing diversity and leveraging strategic assets to navigate the global landscape effectively.
“The concept of ‘progressive unity’ must guide Africa’s interactions on the global stage,” she stated. This principle of collaboration is essential for breaking down the barriers that persist due to historical divides, particularly those rooted in colonialism.
Dr. Barnett also addressed the economic challenges facing both regions, pointing to sluggish global growth and heightened trade tensions that threaten development. With projections indicating a slowdown in global economic activity, she warned of its implications for developing countries, particularly in Africa and the Caribbean.
“The breakdown of the rules-based international trading system and increased geopolitical tensions could lead to diminished foreign direct investment, critical for sustainable development.”
