Why Africa’s growth outlook is good

By Ragnar Gudmundsson


In the past, when the global economy weakened, sub-Saharan Africa fared very badly. Not so in recent years.

While the global economy spluttered last year, the region notched up 5 percent growth, with some low-income countries growing even faster.

Even in the depths of the global economic recession in 2009, most countries in the region carried on growing.

So, what is different now? And what are the chances that the region’s solid growth performance will

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