The 2014 African Transformation Report draws on ACET’s research program of country, sector, and thematic studies to look systematically at transformation as a broad framework for economic growth and development. It also introduces the African Transformation Index to help African policymakers see how their countries are transforming and where they stand in relation to their neighbours.

The premise of the report is that African economies need more than growth if they are to transform; they need growth with DEPTH. That is, they need to Diversify their production, make their Exports competitive, increase the Productivity of their farms, firms, and government offices, and upgrade their Technology to improve Human well-being.