A New Round of Predictions for Africa

By Sarah Crozier on May 4, 2015

ISS

Pardee Center “Power and Influence in Africa” video, which uses predictive software to compare rising African states.

The World Bank has published its 2015-16 growth projections for the African continent, citing declining oil and commodity prices as the reason for a slowdown in gross domestic product (GDP) growth over the next year.

The Africa’s Pulse Report notes that continent-wide, GDP growth will slow to four percent from an average of 4.5 percent in 2014. However, this is a slower decline than originally predicted, noting that commodity based economies are not the “kiss of death” previously thought. Only two economies are predicted to contract over the next two years, according to International Monetary Fund reports.…

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