Lower commodities prices have had some far-reaching effects on African economies. From 2010 to 2014, economic growth in sub-Saharan Africa averaged 5.2 percent. It’s likely to be weaker still in 2016, but the decline in aggregate terms largely reflects slowdowns in Nigeria, fellow oil exporter Angola, and South Africa. East Africa is leading the way. Economies in East Africa are generally small.
Source: Ethiopian News October 24, 2016 04:07 UTC