According to the World Bank's Global Economic Prospects 2011, released on 13 January, the GDP growth rate for Sub-Saharan Africa is projected at 4.7 per cent for 2010, from a 1.7 per cent low in 2009, increasing to 5.3 per cent in 2011 and 5.5 per cent in 2012. This compares to negative growth for the United States in 2009 (-2.6 per cent) and weak recovery in 2010-2012 (2.8 per cent, 2.8 per cent, and 2.9 per cent). The World Bank notes that the recovery is due in large part to trends in commodity prices, particularly for metals and minerals as well as for oil. But it also stresses the significance of domestic demand and of expanding investment in the region, including in manufacturing and telecommunications service. This edition of AfricaFocus Bulletin contains excerpts from the report's regional annex on Sub-Saharan Africa.
Jan 20, 2011
































