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.

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