African Economies Grow Strongly Despite Global Slowdown
Africa has been growing faster than the world on average for the last 15 years and this trend is set to continue. World bank chief economist for the Africa region, Shanta Devarajan, says although Africa is not immune from market conditions in the Euro-zone, growth in Sub-Saharan Africa is promising and remains relatively on track.
AllAfrica's Mantsadi Sepheka reports.
World Bank, 4 October 2012
Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global ... read more »