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Ghana’s Economy Will Grow Faster Than Any Other Country This Year

AFRICANGLOBE - Long known as one of the world’s largest cocoa producers, Ghana’s growth is now being buoyed by a different commodity: oil. Expanding crude production and rising prices have placed Ghana’s economy at the top of the GDP growth tables. The International Monetary Fund estimates GDP will rise 8.8% this year – double the pace of emerging economies as a whole, and well ahead of global growth.

Ghana The Fastest Growing Economy In The World

AFRICANGLOBE - According to latest International Monetary Fund (IMF) report, Ghana is expected to be the fastest growing economy, not just in Africa but in the world ! Up 8.8% . And the report also shows that Africa has 4 of the top 5 fastest growing economies in the world.

Take Note: The Ethiopian Renaissance Is Happening Now

AFRICANGLOBE - Ethiopia is more than the tragically fatal scene of a plane crash. With more than 100 million people, Ethiopia is the second most populous African nation after Nigeria. Landlocked Ethiopia is also the continent’s fastest growing economy with arguably its most dynamic young leader.

Boom Time For Ethiopia

AFRICANGLOBE - Ethiopia has a new nickname: “The African Lion.” Like China (“The Asian Dragon”), Ethiopia’s economy is growing: 10 percent annually from 2003 to 2014. But the moniker also has less savory connotations. Ethiopia’s economic expansion is taking place against a backdrop of privatization, immiseration, and incursions on democratic rights.