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Africa – The Next Growth Market

Over the past decade, Africa’s real GDP grew by 4.7% a year, on average—twice the pace of its growth in the 1980s and 1990s. The surge cut across nations and sectors. By 2009, Africa’s collective GDP of $1.6 trillion was roughly equal to Brazil’s or Russia’s. The...

Data overhaul shows Ghana’s economy 60% bigger

Ghana leapt into the world ranking of middle-income countries on Friday with a new measure of its economy that will add over 60 percent to its output figure by better reflecting recent growth areas such as mobile telephony. The long-awaited move, which comes just...
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