Thursday, July 11, 2013

Africa economy growing fastest of all continents - African Dev't Bank

Africa's economy is growing faster than any other continent, according to the African Development Bank.

A new report from the African Development Bank said one-third of Africa's countries have gross domestic product (GDP) growth rates of more than 6 percent.

The continent's middle class is growing rapidly - the share of the population living below the poverty line in Africa has fallen from 51 percent in 2005 to 39 percent in 2012.

Africa's collective gross domestic product (GDP)

More details here...

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