• At least eight killed in Sudan bread price protests

The New Stuff

51 Views

Africa’s economic growth in 2018


Africa’s economic growth in 2018 will continue in 2019 in sub-Saharan Africa, averaging 3.6% over the next two years, according to World Bank estimates.
An economic upturn, despite uneven variations between different countries on the continent. This is reflected in the findings of the 2018 study conducted by the World Bank. The institution forecasts economic growth of 3.6% over the next two years.
A slow recovery in the oil-exporting countries of the Central African Monetary and Economic Community still in debt, and stronger in those with low natural resources.
Afircanews journalist Ronald Kato gives more incite.
Good East African figures in 2018
Economic growth, with East Africa at the top of the list in 2018 with one of the best rates, confirming the forecasts announced by the IMF.
This was the best rate of economic growth on the continent according to the International Monetary Fund’s 2017 estimates. A challenge taken up by East Africa, which recorded one of the best performances in terms of Gross Domestic Product (GDP) growth in 2018. A ranking in which Ethiopia ranks first with 7.8% growth, followed by Rwanda 7.1% and then Tanzania 6.7%.
SOURCE: AFRICANNEWS

Recently Published

»

S. Africa savers hit by bankruptcy of VBS

The economic crisis within the South African banking institution VBS ...

»

Algeria to name new gov’t

The Algerian President Abdelaziz Bouteflika will not be departing ...

»

Ethiopian Airlines, Abiy’s reforms get Trump’s support

Ethiopian Prime Minister received a call from president of the united ...

»

Border dispute to economic war: tables turn as Uganda accuses and Rwanda denies

Rwanda on Thursday dismissed accusations made by Uganda’s foreign ...

»

Burundi forces United Nations to shut human rights office – UN

Burundi in December asked the UN office to leave, months after the ...

»

Zimbabwe to allow foreign platinum miners control of local operations

HARARE (Reuters) – Zimbabwe will scrap a law that denies ...

»

Ghana’s ruling party operating militia training center – Media exposé

Ghana’s ruling New Patriotic Party (NPP) is operating a militia ...

»

DRC president agrees coalition govt arrangement with Kabila

Former President Joseph Kabila’s coalition will have a say in ...

»

Zimbabwe will continue lobbying US, EU to remove sanctions

Zimbabwe’s government on Wednesday responded to the renewal of ...