Tuesday, May 15, 2007

Africa is growing, economically!?!

African economic growth is set to reach nearly 6% in 2007, the highest in 20 years, according to the African Development Bank (AfDB).

Overseas demand from China and other rapidly-growing nations for natural resources, including oil, has been a cause for growth, the bank said.

The data was issued at the bank's annual meeting, being hosted by China.

The region's economy grew by 5.5% in 2006, with South Africa, Nigeria and Algeria among the strongest nations.

Read more...

Perhaps this "growth" will trickle down to Africans(???)

1 comment:

Anonymous said...

...getting ready to move back! Who's with me?