Africa Still Rising
After years of rapid growth and development, Africa has experienced some severe economic setbacks, and average GDP growth has fallen sharply in recent years. But a closer look reveals massive economic potential that simply needs to be tapped.
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JOHANNESBURG – Is the honeymoon over for African economies? Less than a decade ago, it seemed that the continent’s economic dreams were beginning to come true, with many countries experiencing impressive GDP growth and development. Now, as the harsh reality of the continent’s vulnerability to challenging external conditions has set in, sustaining that growth has proved difficult.