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.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article
AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.