10/26/2015
Africa grew despite the global recession and it shows no signs of abating. The continent is on course to achieve economic growth of around 4.5% this year, a rate higher than predicted for the mature economies of the world. Amazingly, this is set against a backdrop of a Eurozone crisis, low growth and stagnant wages in the West and a slowdown in China. Africa’s economic expansion is nothing short of remarkable. There is something unique about what is happening on the continent now.
The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. Incorporated as a not-for-profit foundation in 1971, and headquar...