Improving Governance in Africa

Diverse country-specific factors driving growth Five of the ten fastest-growing countries in the world with real GDP growth above 7% are in Africa Côte d'Ivoire DRC Rwanda 4% 2% North Africa 2014 2015 6% West 3% Africa 2014 2015 Growth picked-up on the back of improvements in political and economic stability Lower growth due to depressed commodity prices as well as to the impact of the Ebola outbreak Ethiopia 6% Central 4% Africa Decline in oil and metal prices adversely affected growth in the region 2014 2015 7% 6% East Tanzania Africa 2014 2015 3% Southern 2% Africa 2014 2015 Political instability in Burundi and South Sudan weighed down on growth in the region Growth impacted by acute shortages of power, hostile weather conditions and low commodity prices 45

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