Africa’s economic growth remained stable in 2019 at 3.4% and is on course to pick up to 3.9% in 2020, and 4.1% in 2021 as revealed in the African Development Bank’s 2020 African Economic Outlook (AEO). The African Economic Outlook 2020 is LIVE! This shift can help sustain and potentially accelerate future growth in Africa, increase the continent’s current and future productive base, while improving productivity of the workforce. Hanan Morsy, director of the macroeconomic policy, forecasting and research department at the Bank, also commented: “As we enter a new decade, the African Development Bank looks to our people. “Only by developing our workforce will we make a dent in poverty, close the income gap between rich and poor, and adopt new technologies to create jobs in knowledge-intensive sectors.”The African Economic Outlook provides compelling up-to-date evidence and analytics to inform and support African decision-makers.

Source: The North Africa Journal January 31, 2020 07:41 UTC