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Vol 55 No 21

Published 24th October 2014


Africa’s growth plans face stronger headwinds

In a much harsher international climate, Africa’s economic managers are promoting regional trade and boosting investment in power and transport

Bankers hosting parties for their government friends were a little more discreet than usual – perhaps in deference to rising political and economic uncertainties – at the annual meetings of the World Bank and International Monetary Fund on 9-11 October in Washington DC. But to judge by the overflowing corridors of the discreet five-star Hay-Adams Hotel on 16th Street, they were still making plenty of deals, in Africa’s frontier and emerging markets as well as in Western economies.

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