African Economic Outlook 2008

The African Economic Outlook 2008 is a collaborative project between the African Development Bank, the OECD Development Centre and the UNECA, with financial support from the European Commission. The number of countries covered is 35, an increase of 4 on the previous edition. This seventh edition of the AEO portrays positive economic trends and outlook for Africa. The continent continues to experience high economic growth with the rate of GDP growth averaging about 5.7 percent in 2007 and projected to rise to 5.9 percent in 2008 and 2009. Growth has been more broad-based, although the net oil exporters continue to outpace the net oil importing countries. The report also examines the theme of technical skill development and vocational training in Africa.


Extracts from the report

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