Africa economic growth outlook 2014-2015

World Economic outlook - Africa economic growth outlook 2014-2015 : Nigeria, Africa's top oil producer, will grow by 7% in 2014, continuing to close in on South Africa's bragging rights as the continent's biggest economy. South Africa's expansion will probably accelerate to 3.3% as it recovers from last year's crippling mining strikes.

The much-heralded African economic boom is set to go from strength to strength, analysts have predicted, although worries remain over governments' failure to tackle poverty and inequality.

South African GDP growth forecast 2012-2013

World Economic outlook - South African GDP growth forecast 2012-2013 ; South African Finance Minister Pravin Gordhan cut his forecast for economic growth for a second time in four months as Europe, the nation’s largest trading partner, faces recession.

Gross domestic product will probably expand 2.7 percent in 2012, less than the 3.4 percent estimated in October, Gordhan told lawmakers in a budget speech in Cape Town today. The economy grew an estimated 3.1 percent last year, he said.

ethiopia gdp growth outlook 2012-2013

World Economic outlook - ethiopia gdp growth outlook 2012-2013 : Economic growth in Ethiopia will be seen in infrastructure development and in the energy sector in particular he said. It is expected that economic growth will make up for the adverse effects wrought by drought on agricultural output in some areas according to Elhirka.

Ethiopia’s economy could see an 8% growth rate in Gross Domestic Product in 2012 and 2013 according to the United Nations Report on Global Economic Situation and Prospects 2012. The Ethiopian Government expects 11% growth rate during the same period.

Africa Economic Growth forecast 2012

World Economic outlook - Africa Economic Growth forecast 2012 : Economic Growth in Africa fell by almost half in 2011 compared to the growth registered in the previous year.

Speaking at the African Union (AU) Commission meeting in Addis Ababa, Ethiopia, Abdoulie Janneh, executive secretary of the UN Economic Commission for Africa said growth on the continent fell to 2.7 percent in 2011 from nearly 5 percent in 2010.



Citigroup South African gdp growth forecast 2012

World Economic outlook - Citigroup South African gdp growth forecast 2012 : Citigroup Inc. cuts its 2012 forecast for South African economic growth to 2.8 percent from 3.5 percent, said Jean-Francois Mercier, an economist at the bank in Johannesburg.

The economy will probably expand 3 percent this year, compared with 3.4 percent estimated previously, Mercier said in a phone interview today. The current-account deficit is forecast to widen to 4.7 percent of gross domestic product in 2012 from 3.3 percent this year, Citigroup said in an e-mailed report.

IMF South African economic growth forecast 2012

World Economic outlook - IMF South African economic growth forecast 2012 : The International Monetary Fund cut its forecast for South African economic growth for 2012 to 2.5 percent as Europe slides into recession.

The estimate compares with 3.6 percent predicted in September, the Washington-based fund said in an update of its World Economic Outlook released today. The economy expanded 3.1 percent in 2011, it said.

Africa GDP Growth Forecast 2012

World Economic outlook - Africa GDP Growth Forecast 2012 : In the World Economic Outlook October 2009, the International Monetary Fund projected the GDP annual percentage growth for most African countries. In 2010, the fastest growing African economies are projected to be Republic of Congo (12.2%), Angola (9.3%), and Ethiopia (7%). In 2011, the fastest growing African economies are projected to be Ghana (22.5%), Liberia (9.2%), and Botswana (8.5%). Angola (8.4%) follows closely behind Botswana in 2011. In 2012, there are several double-digit growth projections – Botswana (13.8%), Liberia (12.8%), Mauritania (13.1%), Niger (12.9%).

African Countries Economic Growth outlook for 2012

World Economic outlook - African Countries Economic Growth outlook for 2012 : In the World Economic Outlook October 2009, the International Monetary Fund projected the GDP annual percentage growth for most African countries. In 2010, the fastest growing African economies are projected to be Republic of Congo (12.2%), Angola (9.3%), and Ethiopia (7%). In 2011, the fastest growing African economies are projected to be Ghana (22.5%), Liberia (9.2%), and Botswana (8.5%). Angola (8.4%) follows closely behind Botswana in 2011. In 2012, there are several double-digit growth projections – Botswana (13.8%), Liberia (12.8%), Mauritania (13.1%), Niger (12.9%).