Projected real GDP growth of about 5% in 2017 and 2018 is expected to strengthen the posttransition recovery but political uncertainty remains an obstacle to a tangible economic take-off. Economic and social prospects remain fragile because they depend strongly on the cashew sector, on the continuity of reforms undertaken and on the political environment.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
After a period of transition, marked by a slowing of the economy, the return to constitutional order led to growth estimated at 2.6% in 2014, against 0.9% in 2013 and -1.5% in 2012. Supported by the return to political normalisation and the re-engagement of technical and financial partners, growth was also driven by cashew-nut exports, in contrast to 2013.
With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.
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West Africa is a convenient and low-risk location for moving and storing merchandise; it provides a platform via which to reach Europe, where a kilogram of cocaine purchased for 2 000 to 3 000 EUR in Latin American production areas sells for as much as 60 000 EUR wholesale, and is often cut with other products.
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.
The 2011 Monitoring Report synthesises main findings and recommendations from across 13 countries, providing evidence from the ground of what works and what doesn't.
The 2011 African Economic Outlook was launched at the African Development Bank’s Annual Meetings in Lisbon, Portugal on 6 June, 2011.
The 2010 African Economic Outlook finds the continent reeling from the effects of the world’s deepest and most widespread recession in half a century. Just how hard was the region hit? What are the prospects for recovery? This edition features an in-depth study of Taxation and Aid in Africa.
The Development Centre's award-winning website keeping its finger on the economic pulse of Africa.