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Africa s growth performance Tagged Articles



2.1 Growth performance I: Economic Report on Africa 2007
This section examines recent economic performance at the continental and subregional levels. It discusses disparities in growth performance and the factors behind the observed disparities across countries and subregions. The analysis pays particular attention to structural factors such as endowment in natural resources, the role of policies and institutions as well as non-policy drivers of growth, including exogenous factors such as natural calamities, geography, and civil conflicts. The discussion highlights key constraints to growth in Africa and strategies to address these constraints.
Overview II: Economic Report on Africa 2007
Growth in Africa has increased but it is still not enough

Other Africa s growth performance Related Articles

2.0 Recent Economic Performance in Africa and Prospects for 2007: Economic Report on Africa 2007
African countries still face the critical challenge of raising the rate of GDP growth and sustaining high growth rates over an extended period in order to accelerate progress towards meeting the Millennium Development Goals (MDGs). While growth has recovered over the past few years, very few countries have achieved and maintained the growth rates necessary to reduce poverty. Africa still tails behind other regions in most measures of human development.
2.1 Growth performance I: Economic Report on Africa 2007
This section examines recent economic performance at the continental and subregional levels. It discusses disparities in growth performance and the factors behind the observed disparities across countries and subregions. The analysis pays particular attention to structural factors such as endowment in natural resources, the role of policies and institutions as well as non-policy drivers of growth, including exogenous factors such as natural calamities, geography, and civil conflicts. The discussion highlights key constraints to growth in Africa and strategies to address these constraints.
2.4 Growth prospects for 2007 and the medium-term outlook: Economic Report on Africa 2007
Africa is expected to grow at a rate of 5.8 per cent in 2007, slightly higher than the rate recorded in 2006 (5.7 per cent) (figure 2.8). Positive growth rates are projected for all subregions led by North Africa (6.6 per cent), East Africa (6.0 per cent), Southern Africa (5.4 per cent), West Africa (4.9 per cent) and Central Africa (3.5 per cent).
2.0 Gender in African economies: Gender Entrepreneurship and Competitiveness in Africa, 2007
The study Can Africa Claim the 21st Century? made the argument that Africa has enormous unexploited potential, especially the potential of women. Specifically, it pointed out that women comprise one of Africa’s hidden growth reserves, providing most of the region’s labor, but their productivity is hampered by widespread inequality in education as well as unequal access to land and productive inputs.
Blogging Africa into the 21st Century
Discussion on Africa’s development is taking a new dimension. Bloggers have joined this debate and are employing new ways to initiate dialogue about Africa’s development round the world. The latest craze that seeks to use technology to push Africa into the 21st Century is the Carnival of Africa Enterprising. This is basically a traveling web magazine or blog that discusses business in Africa.
Policy Implications
The empirical work undertaken highlights a number of key policy-related and conventional variables that have significantly affected the growth performance of sub-Saharan Africa during 1981–97. To a large extent, it has also shown that the positive evolution of these variables has played an important role in the economic recovery of the region during 1995–97.

Solid Growth in Sight, but There Are Risks
Solid growth is expected to continue in 2005 and 2006 – although at a slightly lower rate of 4.7 per cent in 2005 as the effect of new Central African oil fields ends. West Africa is expected to recover in 2005 and 2006, while the trend of positive growth in Eastern Africa and Southern Africa will continue over the next two years, reflecting rising oil production in Angola and improved performance in South Africa. This positive outlook is however highly dependent on the continuous expansion of the global economy, an overall easing of regional conflicts, and favourable weather conditions.
What s Holding Back Africa s Growth?
This plenary session discussed the contributing factors to Africa s poor economic growth, including the conclusions of the World Economic Forum s Africa Competitiveness Report 2004, and the actions that governments and business can take to promote economic growth. The discussion included calls from business participants and the panel for action against corruption on the continent.

IV. THE STOCK MARKET AND THE FINANCING OF CORPORATE GROWTH IN AFRICA
Having looked at the trends and characteristics of stock markets in Africa, this section examines the contributions of the stock markets to the financing of corporate growth in Africa.
Is Africa Choking on its own development?
Majority of African countries have reported increased economic growth rates over the past year signalling a wave of new foreign direct investments on the continent. This is good news given that increased returns from such investments will fuel Africa’s quest for development. However, this has had some negative connotations because benefits of such growth are not visible in major cities across Africa.

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