Friday, May 29, 2015
Africa's Macroeconomic Prospects
The African Development Bank has just released its African Economic Outlook for 2015. Chapter 1 titled "Africa's Macroeconomic Prospects" states that Africa's economic growth should strengthen to 4.5 percent in 2015 and 5 percent in 2016. Lower oil and commodity prices, uncertain global conditions, the Ebola outbreak in West Africa, and domestic political uncertainties could still prevent these strong projections from realization.
Labels:
Africa,
agriculture,
commodities,
debt,
Ebola,
energy inflation,
GDP,
monetary policy,
oil,
tourism,
trade