Will Africa Sustain Its Economic Growth?
The International Monetary Fund expects sub-Saharan Africa to grow at an average annual rate of 5.7% between 2014-2019. This will make the sub-continent among the three fastest-growing regions in the world over that period. It would also mark the first time that Africa would have maintained a robust growth rate continuously for more than a decade.
Are these forecasts realistic? Can Africa’s growth resurgence be sustained? There are several reasons why we should be both optimistic and cautious about Africa’s future economic performance.
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