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Southern Africa Quarterly Review and Analysis – 1st Quarter 2013 - Issue 8
Southern Africa is projected to grow at 4.4 percent in 2013. A strong first quarter performance in many of the countries set the region on course towards this growth rate. In Angola, despite a slight deceleration of output in the non-oil sector, growth remained quite healthy, supported by oil production. Botswana maintained strong growth on the back of a resurging mining sector. Lesotho maintained positive growth that largely reflected the mining and textile sub-sectors’ good sustained performance, while in Malawi growth rebounded in the first quarter, with the main drivers being improved tobacco prices and larger agricultural output, especially maize production. Growth accelerated moderately in Mauritius, driven by strong performance in financial services and information and communications technology (ICT).