Meanwhile, in Central and West Africa, the growth forecast is at 2.9% which due to its subdued non-oil economy activity of Nigeria as the region’s powerhouse. In the franc zone, the economic growth forecast at 4.6% which driven by Ivory Coast which comes as the region’s main economy. In Southern Africa that mostly affected by constant slow growth, South Africa emerges with growth forecast at 1.5% which also the same forecast result with Angola. Becoming the powerhouses of the region, Botswana and Zambia emerge as the strongest economic growth in the region. Despite the decline of remittance inflows in most African countries in 2017, Uganda’s economic growth reportedly have recovered significantly last year.
Source: The North Africa Journal September 27, 2018 00:00 UTC