A growth powered by rising commodity prices and good policies

Africa to register 4.3% economic growth in 2010

Presenting a World Economic Situation and Prospects report for 2010, Adam Elhiraika, ECA senior economic affairs officer, said the expected recovery in the global economy would have an overall positive effect on African economies. From a negative growth of 2.2 percent last year, the world economy is expected o grow by 2.4 percent this year, which the ECA official said would strongly stimulate demand for most African exports, particularly commodities. In 2009, hard hit by the global (…)

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