Friday picture – Africa consumer spending growth
Africa’s economic opportunity and fast growth to 2020 compared to other economic regions – shows where African securities exchanges could be heading
Nigerian and African economies.. after the rebasing
Charts circulated by Reuters show the rebased Nigerian economy as biggest in Africa, followed by sluggish South Africa, Egypt, Algeria, Angola and Morocco. They also show growth rates: oil-fuelled Ghana led the pack with historic growth of 10.2% a year over 2010-13.
World Bank says 4.8% growth for sub-Saharan Africa in 2012, cuts earlier forecast
The World Bank has cut its growth forecast for sub-Saharan Africa. Earlier in the year it forecast 5.2% growth overall for SSA economies in 2012, but yesterday (4 Oct) it cut this to 4.8%.