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Vol 58 No 21

Published 20th October 2017

Afro optimism loses momentum

With some exceptions in Ghana and East Africa, economies are not keeping pace with population growth

Hopes that the African Development Bank (AfDB) might maintain its recent 'Afro-optimism' were temporarily subdued on 12 October when the bank reduced its 2017 growth forecast for African economies from 3.4% to 3% and its 2018 forecast from 4.2% to 3.7%.

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