Africa: Asian 'Tigers' Outpace African 'Lions'

African states dream of emulating the Asian tigers and become industrialized nations as soon as possible. But experts say that the so-called "African lions" need more than high growth rates to achieve their goal.

The economies of Sub-Saharan Africa are booming. The World Economic Forum estimates the economic growth rate of the region to be more than 5 percent in 2014; growth in some countries, such as Nigeria and Ghana, is expected to be even higher. Nigeria is now Africa's biggest economy.

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