The African Development Bank (AfDB) has projected economic growth to rise from 3.4 per cent in 2019 to 3.9 per cent in 2020 and 4.1 per cent in 2021. The AfDB President, Dr Akinwumi Adesina, disclosed this during a public presentation of African Economic Outlook 2020 in Abidjan on Thursday. Adesina said that this aggregate growth rate masked highly diversified and resilient growth patterns. He added that African economies were growing well, higher than the global average. “Even more impressive is that six of the 10 fastest growing economies in the world are now in Africa.

Source: The North Africa Journal January 31, 2020 01:52 UTC