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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.

Nigeria’s Economic Expansion Dwarfs BRIC’s Combined Growth

AFRICANGLOBE - Nigeria’s unprecedented economic growth rate, especially with data recorded in 2012 and 2013, has seen its economy surpass the combined average for BRIC (Brazil, Russia, India, and China) countries.

How Will African Economies Fare in 2013?

AFRICANGLOBE - In 2013, Africa is likely to maintain its decade-old pace setting annual average economic growth rate of 5 percent or more, according to estimates from the World Bank, the International Monetary Fund and the Africa Development Bank. The strong economic growth will likely extend beyond 2013 as Africa benefits from natural resource boom, strong internal demand by rapidly growing middle class.

‘Nigeria the Epicenter of Africa’s Economic Growth’

Leading market analysts and industry regulators have described Nigeria's economic growth rate as exceptional, in spite of its huge infrastructure deficit, at a time...

AFDB Optimistic About Zimbabwe's Projected Economic Growth

The African Development Bank is optimistic about Zimbabwe's projected 7.8 percent economic growth rate saying growth is underpinned by increased mineral production, benefiting from favourable international commodity prices and expanding global commodity demand.