HUB FACT SHEETS, INFOGRAPHICS & SUCCESS STORIES KNOWLEDGE CENTER Trade & Investment News Read Our Blog Newsletters

Remittances key to uplifting Africa’s growth

Published on February 05, 2019

After a slowdown in recent years, Africa is experiencing an uptick in growth. East and West Africa are leading the way: Ethiopia is predicted to grow at 8.5 per cent in 2018 while Cote d’Ivoire and Senegal aren’t far behind at 7.4 per cent and 7 per cent respectively.

However, while southern African countries like Botswana, Namibia, South Africa and Swaziland may lead in measures of human development, the SADC region is one of the slowest-growing regions on the continent, averaging 2.9 per cent in growth. Read more. Source | Daily News

connect

get updates