Africa: Sustaining Growth amid Global Uncertainty

Sub-Saharan Africa continues to record strong economic growth, despite the weaker global economic environment. Regional output rose by 5 percent in 2011, with growth set to increase slightly in 2012, helped by still-strong commodity prices, new resource exploitation, and the improved domestic conditions that have underpinned several years of solid trend growth in the region’s low-income countries. But there is variation in performance across the region, with output in middle-income countries

Read more: http://www.imf.org/external/pubs/ft/reo/2012/afr/eng/sreo0412.htm

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