Improving Governance in Africa

Africa's growth should remain favorable, in spite of challenges Growth prospects remain positive, underpinned by relatively stable macroeconomic conditions, strong domestic consumer demand, robust public investment in infrastructure and fiscal consolidation in order to contain the commodity price shock Africa has shown its resilience and should continue to maintain its position as the second fastest growing region of the world 4.5% 2017 Downside risks include a continued decline in commodity prices, power shortages, adverse weather, conflict, political instability and terrorism 3.6% 2015 3.7% 2016 47

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