0Mpho TebeleGaborone - Southern Africa looks increasingly likely to miss its projections for economic growth as its momentum slowed in 2018. According to the African Development Bank African (AfDB) Economic Outlook 2020 report, Southern Africa’s growth slowed from 1.2 percent in 2018 to 0.7 percent in 2019. In Central Africa, growth is estimated to have increased from 2.7 percent in 2018 to 3.2 percent in 2019. But what really matters for the populations, the report says, is not only the level of growth (quantity of growth) but also its quality: has Africa’s growth performance been equitable and inclusive? Economic growth in Africa is estimated at 3.4 percent for 2019, about the same as in 2018.
Source: The North Africa Journal February 07, 2020 10:30 UTC