Africa's economic growth to continue

Ibrahim Assane Mayaki

The perception of Africa as a place where poverty, hunger, disease and civil war are the norm is fast changing.

That's what Deputy Secretary-General, Asha Rose Migiro told participants at the World Knowledge Forum in Seoul, Korea on Wednesday.

The continent has had a robust growth of more than 5 per cent, on average, over the past ten years, emerging from the volatile years of the 1980s and early 1990s.

In 2012, the economy is expected to grow again by 6 percent.

Dr. Ibrahim Mayaki, CEO of the New Partnership for Africa’s Development or NEPAD concurs and says these figures are based on fact and not rhetoric.

"Africa has applied globally sound macro-economic policies, the second factor is that governance has improved very significantly and the third factor is that accountability within the public administration system is improving in a very strong way."

Duration: 23”

Filed under Today's News.
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