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Africa Must Safeguard Economic Growth

AFRICANGLOBE - Developing African countries have been challenged to safe guard their economies so that they achieve economic development in the year 2013.The World Bank in their new report entitled Global Economic prospects report say that the world's economy performed poorly in the year 2012 due to the onset of the global financial crisis.

The West Set to Shaft African Economies, Again

Reports released this week by the International Monetary Fund and the African Development Bank were encouraging about the state of Africa's economies. The IMF predicted continued GDP growth for sub-Saharan Africa of 5.2% this year, and 5.8% in 2012, with low-income countries growing even faster.