Tanzania, Rwanda Among 10 Fastest-Growing World Economies
The East African region registered growth at an average of 5% in 2019, according to the African Development Bank's 2020 African Economic Outlook report. Africa's economic growth is forecast to rise to about 4% in 2020 and 2021, from 3.4% in 2019, which will be driven by infrastructure investments and natural resource exports, the report says.
last year.
(file photo).
InFocus
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While East African's economy is cited as being ahead in growth in sub-Saharan Africa, analysts are cautioning that the growth is largely superficial since it is being driven by ... Read more »