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South African Economy 'To Continue Growing'

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The South African economy could grow only 0.8% in the third quarter and by 1.7% in the fourth quarter, implying that the country is not likely to enter into recession, Nomura International economic analyst Peter Attard Montalto predicts.

Sub-Saharan Africa Shows Robust Growth

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The international ratings agency, Fitch Ratings, said that Africa's resilience to the global economic crisis was largely due to domestic factors such as a strong pre-crisis growth, economic liberalisation and strengthening of public investment.

Mega Trends to Drive Africa's Growth

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Africa's economic growth is creating substantial new business opportunities that are attracting global companies. Due to the continuing robust growth, investors including private equity firms, pension funds and frontier funds are increasingly seeking for deals in private businesses on the continent.

Ghana Now Has the World's Fastest Growing Economy

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Ghana's economic growth has been projected to be the fastest-growing in the world for the first half of 2011, by EconomyWatch.com. Ghana's Gross Domestic Product (GDP), which at the time was estimated to have grown 20.146 percent, was far ahead of the 14.337 percent recorded by Qatar as the next fastest-growing country.
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