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Questions and Answers
What has been the average growth rate in African countries in recent years?
What has been the average growth rate in African countries in recent years?
5%.
What has enabled social investments and infrastructure expansion in African countries?
What has enabled social investments and infrastructure expansion in African countries?
The increased prices of minerals and energy resources.
What is essential for African economies to continue growing?
What is essential for African economies to continue growing?
Diversifying production and reducing dependence on exports.
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Study Notes
- Economic growth in African countries has been positive in recent years, with average growth rates reaching 5%. This has been partly due to the increased prices of minerals and energy resources, which has allowed for social investments and infrastructure expansion. However, the fluctuations in international prices of these products has caused difficulties in sustaining the pace of investments. Therefore, diversifying production and reducing dependence on exports is essential for African economies to continue growing.
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