Africa Economics

Africa Economic Outlook

22 August, 2016

Gradual acceleration, but recovery will be slow

After two years of progressively slower growth, most African economies will strengthen in 2017. This recovery will be driven by rising commodity prices, which should ease strains in the balance of payments, and weaker inflation (in most countries). The end of several one-off disruptions, including droughts in several economies, will also help. But the recovery will be tepid: the blow dealt by the fall in commodity prices in 2015 has exposed structural weaknesses in many of the region’s larges

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