African Growth Rebounds Strongly, Says World Bank

Growth in Sub Saharan Africa rebounded strongly in 2010. GDP is estimated to have expanded by 4.7 percent, up from the 1.3 percent growth recorded in 2009 and just shy of its pre-crisis average growth of 5 percent. However, the slower growth rate in South Africa (2.7 percent) dragged overall growth in Sub Saharan Africa for 2010.

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  • Kenya:   Hague Trials, Drought Place Hurdles on Recovery Road

    Business Daily, 14 January 2011

    The worsening drought and growing political uncertainty could slow down investments by the private sector and pull back economic recovery, which is gathering momentum after a… Read more »