East Africa’s economic growth is soaring leading other regions on the continent at close to 7 per cent while the overall outlook for the rest of Africa is cautiously positive. Eastern Africa Economic growth robustAfDB released four of its five regional economic outlook reports for Yaounde, Nairobi and Pretoria, with specific forecasts for West, Central, East and South Africa. The reports follow the January launch of the 2019 African Economic Outlook, which provides a broader, continent-wide perspective. The region is one of the continent’s least integrated, with potential for reforms and greater linkages, the Central Africa regional report said. The flagship African Economic Outlook Report pinpoints industrialization as a key to the continent’s employment conundrum.

Source: The North Africa Journal April 08, 2019 03:00 UTC