African countries challenged to achieve growth

Published on
12.07.2018 at 16h21
APA News

African governments have been urged to create opportunities to overcome challenges related to growth, job creation and inequalities.A new joint report, issued in Nairobi on Thursday by the African Union Commission and the OECD Development Centre, said Africa needs development strategies that are more coherent, and which prioritise action to address challenges to growth, job creation and inequalities.

The report finds that a favourable trend in commodities prices, strong domestic demand, progress in the pursuit of macroeconomic policies and strategies to diversify national economies have been major drivers of the continent’s recent growth, which is forecast to…

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