Although economic growth in Africa has been on the rise in recent years, it continues to be uneven across the continent’s subregions. Beyond these five, however, economic growth remained somewhat limited, with some exceptions. Share of Africa’s GDP growth, by region (percent)Source: African Economic Outlook 2020 report, African Development Bank. Egypt alone accounts for one-third of Africa’s GDP growth, which the report attributes to sweeping economic reforms and earlier-than-expected production from its Zohr gas fields. Contribution to Africa’s GDP growth (percentage points)Source: African Economic Outlook 2020 report, African Development Bank.
Source: The North Africa Journal July 30, 2020 21:11 UTC