Thursday, October 22, 2015

Economic Growth Declining in Sub-Saharan Africa

The World Bank published in October 2015 Africa's Pulse: An Analysis of Issues Shaping Africa's Economic Future.  The World Bank predicts economic growth in Sub-Saharan Africa will probably fall from 4.6 percent in 2014 to 3.7 percent in 2015.  The largest single factor in this decline is the fall in African commodity prices, much of which is a result of reduced demand in China following its economic slow down. 

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