Upbeat Statisticians

The world economy may be slowing, interest rates rising, commodity prices falling and political risks increasing but the International Monetary Fund's World Economic Outlook for 2007 predicts that Africa will continue to show its strongest sustained growth since the 1970s. This is down to storming commodity demand from Asia's super economies, China and India, and better economic policies in Africa, the IMF insists. Yet Africa's average economic growth still falls short of the 7% needed to cut poverty by 50% in 2015.

Article Tags:
China, India, Angola, Mauritania, Sudan, Zimbabwe, Congo-Kinshasa, Zambia, Ghana, Tanzania, Uganda, Lies, damn lies, statistics', Equatorial Guinea, Nigeria, Rwanda, South Africa, Egypt, Morocco, Khalil Hamdani, Lesotho

end of preview

To read the rest of the article you need to either log in or do one of the following:

Subscribe to Africa Confidential Find out more
Purchase this article on its own Find out more

If you have a print subscription already please click here for full access to the website.
If you have already logged in and believe you should have access to this article please contact customer services.