Jump to navigation

Vol 46 No 2

Published 21st January 2005


Heading higher

The International Monetary Fund's forecast of average growth of 5.8 per cent for sub-Saharan Africa this year is the region's best out-turn for 30 years. The bigger question is how higher growth will reduce Africa's poverty. The figures include fast-growing oil economies such as Equatorial Guinea and Angola, where there is little hope that the huge sums flowing into the economy will benefit the poor. Yet the growth figures also reflect a recovery in agriculture and farmers' incomes, following severe drought in 2003.

End of preview - This article contains approximately 823 words.

End of preview

Subscribers: Log in now to read the complete article.

Account Holders: Log in now and use your Account Credit to buy this article. No Credit? Top up your Account now.


If you are logged in, but still cannot access the full text of this article, email customer services or telephone us on +44(0)1638 743633.