Tag Archives | economic success
The 2014 Economic Report on Africa, released by the United Nations Economic Commission for Africa (UNECA) and the African Union (AU) highlighted the fact that Africa needs to radically change its policy towards industrialization.
Africa Brief: South Africa and African growth, Zimbabwe investment, Motsepe Guinea investment plans and more
Global investors are looking for new ways to participate in Africa’s growth success. The International Monetary Fund’s (IMF’s) latest World Economic Outlook expects that sub-Saharan Africa will grow 5.6% this year and 6.1% next year. If these projections are realised, sub-Saharan Africa will surpass Asia as the world’s fastest-growing region next year. It is not surprising that rapid growth is occurring in the poorest countries. What is surprising about Africa’s present rapid growth performance is that it is spread across a large number of countries.