African trends going into 2017. Key take-outs • Selecting a gear in multi-speed Africa The majority of Africa’s economies grew rapidly during the commodity super-cycle, providing fuel for the popular Africa Rising narrative.
However, the end of the super-cycle and the oil price slump in July 2014 has led to a more realistic view of the continent – a Multispeed Africa. Furthermore, the economic prospects of the respective Regional Economic Powers (REP) can sharply affect the respective regions’ real GDP growth prospects. • The repricing of Africa’s economies The ‘repricing’ of assets across many African economies could well position them to attract more foreign direct investment (FDI) over the medium term. . • Realising potential: the imperative of Africa’s economic diversification Due to a lack of diversification, a large share of Africa’s economies remains dependent on the vagaries of commodity prices determined internationally. . • Planning for the changing continent: a business view What our experts say How can Deloitte help. African Development Bank - Building today, a better Africa tomorrow.
Africa. Although Africa has made progress over the course of the past 10 years—in terms of both economic growth and poverty reduction—the region now faces significant challenges mainly because of the global decline in commodity prices and region-specific risks.
Growth in Africa slowed to 3.0 percent in 2015, down from 4.5 percent in 2014 and the slowest pace since 2009, and it is projected to drop further, to 2.5 percent in 2016. Per capita income growth was even more modest, weighed down by population growth. There is variation across countries, particularly between resource-rich and non–resource rich countries, but overall, the region’s economic growth trend remains below pre–financial crisis levels. Slower growth deepens the challenge of reducing poverty. World Economic Forum on Africa: Connecting Africa’s Resources through Digital Transformation. Economic Development in Africa series. Africa Development Indicators. Africa Development Indicators was a primary World Bank collection of development indicators on Africa, compiled from officially-recognized international sources.
No further updates of this database are currently planned. See World Development Indicators for more recent data on Africa. TypeTime seriesPeriodicityAnnualLast Updated22-Feb-2013Economy CoverageMNA, IBRD, SSA, IDA, LMY, HICGranularityNational, RegionalNumber of Economies53TopicTrade, Urban DevelopmentUpdate FrequencyNo further updates plannedContact Detailsdata@worldbank.orgAccess OptionsAPI, Bulk download, Mobile app, Query toolAttribution/citationAfrica Development Indicators, The World BankCoverage1960 - 2012. State of African Cities Re-imagining sustainable urban transitions.
Worldbank readings. Africa Growth Initiative. AFRICAN MARKETS. Africa Knowledge Project. Ibrahim Index of African Governance (IIAG) Home. UNECA IR Home. Africa Progress Panel. Multimedia Bank on Africa.
Build the way to transformational growth. If Africa is to make the transition from high growth to transformative growth, then it must overcome three obstacles... This is Africa – A global perspective on African business and politics. Africa gearing up: PwC. 10 African hot spots Ten African countries are the next places-to-be, offering enormous potential for strategic investors in the transportation and logistics industry.
Explore each country's findings further Download the report Read the complete results and analysis from the study. Is Africa the next land of economic opportunity? This report aims to give interested investors insight into the key economic regions and countries in Africa. Africa: The Next Chapter. Yes Africa Can. African Economic Outlook. CNN Marketplace Africa. Africa Portal. APF. 2012 Mutual Review of Development Effectiveness (MRDE) in Africa This fifth joint Review by the United Nations Economic Commission for Africa (UNECA) and the Organisation for Economic Co-operation and Development (OECD), was published on 16 May 2012.
It addresses four main questions : - What are the main commitments which have been made by Africa and its development partners? - Have these been delivered? - What have the results been? - What are now the key future policy priorities? The report covers four broad policy areas: sustainable economic growth, investment in people, good governance, andfinancing for development. The report is a unique collaborative exercise in mutual accountability. Africa Research Institute. Economist Intelligence Unit.
Economic Commission for Africa. United Nations Economic Commission for Africa. Doing business in Africa. And Africa.