Economy of African Countries » Economy of African Countries news

Bane to African economy

admin — Fri, 12 Mar 2010 03:32:12 +0000

Though this continent is enriched with more than sufficient natural resources yet it falls under the category of under developed ones. All this is because of the increasing life taking diseases, high levels of illiteracy, corrupt governmental organizations, increased poverty, lack of investment and economical support to maintain a standard of life. All these are a bane to African economy.
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AFRICAN ECONOMY ON A RISE

admin — Wed, 13 Jan 2010 13:07:33 +0000

Even thought the second largest continent of the world Africa has been facing nature’s not so healthy hand on it still the economy seems to have taken a rise over the past many years. Africans have been suffering with disease and famine but the last two decades have registered a work growth in them. The past five years have been marking a steady increase in the production outputs of central Africa with 2004 being the year of more than 5 percent increase in the economy even though Darfur was hit by upheaval.
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Africa Is A Slow Starter

admin — Mon, 12 Oct 2009 19:04:18 +0000

The global economic downturn was felt by South Africa long after most of the Western World. With the West no beginning to recover from the financial crisis it is speculated South Africa will be slower to recover, as it was to start. Output in Africa’s largest economy shrunk by 3% in the 2nd quarter for the third time consecutively. Previously the loss had been as great as 6.4% however which has led some to speculate Africa’s first recession in 17 years may be at an end.
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Economy Of African Countires At Risk

admin — Mon, 24 Aug 2009 14:42:16 +0000

The economy of African countries will be effected by changes within the Niger government. The President of Niger, Mamadou Tandga has extended his power over the nation. The economy of the African country is dependent of uranium. To the worry of governments around the world democracy seems to be taking a back seat in Niger. This may lead to not only problems to the economy of this African country, but increased al Qaeda activity, and insurgency.
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