40 minutes ago MAPUTO (AFP) - Africa's economy will grow by 6.0 percent this year and next, an acceleration from 2007, owing to high oil prices and demand for commodities, research from the African Development Bank (AfDB) showed Monday.The joint research by the AfDB, the Organisation for Economic Cooperation and Development and the UN Economic Commission for Africa was released ahead of the AfDB's annual meeting, which starts here Wednesday.
"Africa has continued to experience high economic growth. In 2007, real GDP (gross domestic product) growth of 5.7 percent was well above long-term trend for the fifth consecutive year," it said.
Read More
