Africa Experiences Sluggish Economic Growth
Thursday 5 May, 2016 – 10:29
The African continent has continued experiencing sluggish economic growth despite having huge resources compared to European counties.
Africa’s growth continued to increase from 3.7 percent in 2013 to 3.9 percent in 2014, a performance that is underpinned by improved macro-economic management, diversified trade and investment ties with emerging economies, among other factors.
Africa’s social development indicators, however, reveal the often observed economic performance which includes high unemployment and poverty co-existing with robust growth.
To read the article titled, “Africa’s transformation, implementation of Agenda 2063,”click here.
Source:
All Africa