Tag: sub-Saharan Africa
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6 of the world’s ten fastest growing economies are in sub-Saharan Africa
Economist: Development in Africa: Growth and other good things … Six of the world’s ten fastest growing economies of the past decade are in sub-Saharan Africa. A clutch of countries have enjoyed growth in income per person of more than 5% a year since 2007. … … GDP is not a perfect measure of living…
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On the frontier of finance
The Economist: On the frontier of finance Taking advantage of more stable economies, banks are venturing deep into sub-Saharan Africa. NOT so long ago, a cruel joke among international bankers was that sub-Saharan Africa was less an emerging market than a submerging one. Local bankers had no reason to change that impression; for all the…