Growth in sub-Saharan Africa scarcely missed a beat through the global crisis thanks to improved macroeconomic policy. The good times should continue. Growth in 2011 is forecast to be rapid and broad-based. Botswana and South Africa suffered setbacks in 2009, but have returned to expansion despite increased burdens of debt. The economies of Ethiopia and Uganda grew rapidly right through the crisis; their growth rates remain enviable. Strife-riven countries like Eritrea and Zimbabwe lagged behind in recent years but are looking healthier. Exports from the region as a whole have yet to recover fully, but strengthening links with emerging Asia should keep the boom going. Source: The EconomistThe economies of Ethiopia and Uganda grew rapidly right through the crisis
Growth in sub-Saharan Africa scarcely missed a beat through the global crisis thanks to improved macroeconomic policy. The good times should continue. Growth in 2011 is forecast to be rapid and broad-based. Botswana and South Africa suffered setbacks in 2009, but have returned to expansion despite increased burdens of debt. The economies of Ethiopia and Uganda grew rapidly right through the crisis; their growth rates remain enviable. Strife-riven countries like Eritrea and Zimbabwe lagged behind in recent years but are looking healthier. Exports from the region as a whole have yet to recover fully, but strengthening links with emerging Asia should keep the boom going. Source: The Economist
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