World Bank Report Shows Africa on the Rebound
According to Global Economic Prospects, the World Bank’s biannual report on global economic trends, Sub-Saharan Africa is enjoying good short-term economic prospects. The report notes that Africa’s gross domestic product (GDP) jumped 4.7 percent in 2010, a trend that is…
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expected to hold steady in 2011 and 2012, at 5.3 percent and 5.7 percent, respectively.