Browsing: AfricaFICC

Ethiopia, Kenya, Tanzania and Uganda are the regions’ economic powerhouses and are enjoying a period of significant economic growth – their Gross Domestic Products are forecast to grow by between 5.2 per cent and 8.5 per cent this year – supported by ongoing reforms and the improvement in commodity prices which has driven up export revenues.

Nigeria, Africa’s largest economy, is at last moving out of recession, Ghana’s growth continues to be strong, and the region’s smaller countries are picking up as they shake off the lingering effects of the Ebola outbreak in 2013-16.