Thinking things through
A weekday blog of current articles and books I'm reading
Monday, September 2, 2013
African economies growing
It's good to hear that
sub-Saharan African countries are growing economically
at a healthy pace. The
International Monetary Fund
(IMF) predicts growth of well over five percent for the region, with individual nations reaching growth rates of 6-8%.
The IMF projects economic growth in the next year for Nigeria at about 7%
. By way of comparison, America's economy is growing ~2% at this time (during the past century it grew by around 3% annually).
photo: coons.senate.gov
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