The myth of Africa’s ‘leapfrog moment’

A seductive idea has taken hold in boardrooms, climate summits, and venture capital decks: Africa will vault over the messy stages of development that defined Europe and East Asia. No smokestacks. No sprawling factory towns. No fossil fuels. Just a clean jump into digital services, renewable energy and critical minerals, with smartphones where assembly lines once stood. The story flatters modern sensibilities. It also flatters outside investors who prefer tidy narratives to stubborn facts. Africa does hold assets the world urgently needs.

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