Africa: Remittance Income Drives Africa's Economic Growth - - Report

17 September 2018

A report launched by the Institute of Chartered Accountants in England and Wales (ICAEW) has said that despite an economic slowdown, most African countries are having a positive economic outlook.

This is according to a new report, "In Economic Insight: Africa Q3 2018," launched Wednesday, the accountancy body provides GDP growth forecasts for various regions including East Africa, which is forecast at 6,3 percent, West and Central Africa as 2,9 percent, Franc Zone at 4,6 percent, Northern Africa at 1,8 percent and Southern Africa at 1.5 percent.

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