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Africa’s Economic Potential Is Massive

AFRICANGLOBE - Africa still has huge potential, with its rapidly growing working age population and huge relatively unexploited market of more than 1-billion people. Now, if ever, is the time for its economies to implement structural reforms to speed up growth and cut poverty.

Africa In 2014: The Good, The Bad And The Ugly

AFRICANGLOBE - Good news in 2014 was that the economic boom in Africa continued, with the African Development Bank’s annual African Economic Outlook Report predicting growth of 4.8 percent in 2014 and between 5–6 percent in 2015.

African Economic Outlook 2014

AFRICANGLOBE - It's that time of year again when the OECD, AfDB and UNDP release the Africa Economic Outlook; a weighty 300 page publication which, according to its own editorial, "probes how Africa can make the most of global dynamic forces to promote inclusive growth and create jobs."

Did You Know This About Zambia?”

AFRICANGLOBE - According to the African Development Bank(AfDB)’s 2013 “African Economic Outlook” report, Zambia‘s GDP has continued to grow steadily since 2011, and the country is expected to continue as the International Monetary Fund(IMF) estimates an increase in economic growth from 6 percent this year to 6.5 percent in 2014.

Nigeria’s Biggest Challenge

AFRICANGLOBE - Nigerians can be very touchy when it comes to the performance of their economy. In its effort to project an image of Nigeria as the leading heavyweight on the continent, despite its huge and seemingly growing insecurity problems, the Nigerian government is not taking any negative statements about its economic growth lying down.

Financial Flows To African Countries To Hit $203.9 Billion In December

AFRICANGLOBE - Financial flows to Nigeria and other African countries through external sources are projected to increase by 9.5 percent to a new record of $203.9 billion by end of 2013, compared with $186.3 billion in 2012.

Nigeria and South Africa – Africa’s Largest Investors

AFRICANGLOBE - Nigeria and South Africa accounted for 95 per cent of total portfolio investment of $20.15 billion (N3.204 trillion) recorded in the African continent in 2012, according to the African Development Bank, AfDB.

Could China’s Slowdown Mark the End of Africa’s Decade of Growth?

AFRICANGLOBE - Africa's accelerated economic growth over the last decade has been well documented. Feted as the next boom market, especially with the backdrop of the economic slowdown in the West, there has been a tendency by many commentators to hail it as the last frontier for growth.

Africa’s Era of Youth Unemployment

The latest African Economic Outlook paints a promising picture for the continent, but crucially, it also warns that the scourge of youth unemployment will...