Africa: Global Economic Woes Could Harm Continent -AFDB

Africa's current buoyant economic growth rates could be hit by the continuing economic crisis in the developed world, according to the African Development Bank (AfDB).

AfDB's chief Economist, Mthuli Ncube told participants at the African Economic Conference (AEC) in Addis Ababa that: "our prediction is that a one percent drop in the Growth Domestic Product (GDP) of the Organisation for Economic Co-operation and Development (OECD) countries would lead to a half percent drop in African GDP."

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