By Business Standard Reporter
EAST Africa maintained strong economic growth in the continent with Tanzania and Rwanda emerging among the 10 fastest growing economies in the world.
The African Development Bank (AfDB) said in its 2020 African Economic Outlook report unveiled last week that the East African region registered growth at an average of 5 per cent last year.
The African Economic Outlook provides compelling upto-date evidence and analytics to inform and support African decision makers.
The publication has built a strong profile as a tool for economic intelligence, policy dialogue and operational effectiveness.
Other regions that posted strong growth are North Africa as second fastest at 4.1 per cent, while West Africa’s growth rose to 3.7 per cent in 2019, up from 3.4 per cent the year before. Read more…
