Africa Needs Electricity to Achieve Growth

The World Bank urges Sub-Saharan Africa to prioritise addressing the power sector in order to alleviate domestic impediments to growth
 

The World Bank has urged Sub-Saharan Africa to prioritise addressing the power sector if it is to alleviate domestic impediments to growth.

In a 2016 report entitled Global Economic Prospects: Spillovers amid Weak Growth’, the bank says structural reforms are needed to alleviate domestic impediments to growth and to accelerate economic diversification.

“Creating the conditions for a more competitive manufacturing sector would require, in particular, a major improvement in providing electricity,” it says.

To read the article titled, “Africa needs electricity to achieve growth - World Bank,” click here.
 

Source: 
SABC News

NGO Services

NGO Services

NGO Events

S M T W T F S
1
 
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31