Wednesday, October 19, 2016

Projections for African Economies in 2016

This is Africa published on 17 October 2016 an article titled "Star Economies Shine Amid Gloomy Africa Outlook: IMF" by Rachel Woods and James Patterson.

Conflict and low commodity prices in 2016 have slowed growth significantly across much of Africa, yet several countries are projected to have a healthy GDP growth rate according to the International Monetary Fund. Leading the list of strong growth is Cote d'Ivoire followed by Tanzania, Senegal, Djibouti, and Ethiopia. The worst performers are projected to be South Sudan, Equatorial Guinea, Libya, Nigeria, and Chad.