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Vol 49 No 13

Published 20th June 2008

The region grows – despite politics and prices

The leading regional economies have rebounded from the effects of Kenya's post-election crisis only to face another dangerous mix of rising food and oil prices

Among Africa’s regional organisations, the East African Community has become one of the most successful and coherent entities. East Africa’s budgets – all read on 12 June – reflect the continuing business expansion in the region. Robust growth rates will continue, consolidated by thriving cross-border trade and investment. Kenya’s locomotive power as a regional investor may have diminished but there are new positive regional developments, such as the growth in trade and business in Congo-Kinshasa and Southern Sudan.

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