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.
VIDEO: Economic Growth in Africa Shows Promise
World Bank chief economist for the African region, Shanta Devarajan, explains how Africa's economy can sustain its rapid growth through better ... see more »
Photo Essay
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Africa Economies Grow Strongly, October 2012
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Africa's Pulse, a twice-yearly analysis of the issues shaping Africa's economic prospects, says in its latest issue that despite difficult global conditions, growth in Sub-Saharan Africa is largely on ... see more »
InFocus
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The World Bank's Chief Economist for Africa, Shantayanan Devarajan, has reported that the country can produce at current levels for another four decades. Read more »
Documents
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Africa's Pulse: Sub-Saharan African Economies Continue to Grow at a Steady Pace
- Publisher:
- World Bank
- Publication Date:
- 4 October 2012
A summary of the main conclusions of a twice-yearly World Bank report on Africa's economies: Global economic activity has slowed significantly in ... see more »
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This post was deleted because it contravenes AllAfrica's commenting guidelines.
This post was deleted because it contravenes AllAfrica's commenting guidelines.
This post was deleted because it contravenes AllAfrica's commenting guidelines.
African economies shall, hopefully, grow to an international standards if the inputs are correct. The worries and doubtfulness Of Africans and the world at large,are concerned with the dictatorships, mismanagement or corruption. For example,in reference to failed states like Democratic Republic of Congo, Zambabwe, Sudan, Nigeria or Eriterea. Africa needs a serious protection and technical support from the World Bank, and not cash loans.
The primary foundation for Africa, just like others before us: Americas, Europe, Asia, is to set priorities starting from security, food security, essential services, such as education and health and capacity building. That will set an healthy foundation for a growing economy.
Otherwise the waste of Africa's resources will continue on the wrong road map or no map at all.
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