Tuesday, August 7, 2012

Africa set to grow at 7 percent per annum by 2015

(Reuters) - Africa's growth could rise to 7 percent by the year 2015 - the growth driven by a rush of investors attracted by its drive to improve its infrastructure, the head of the United Nations Development Programme's (UNDP) in Africa said.

Often ranked as the poorest continent in the world, Africa has posted strong growth rates of about 5 percent in recent years, second only to Asia, drawing rising inward investment.

Although Africa may have enviable economic growth rates by

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