Sub-Saharan Africa is increasingly becoming a more attractive and hospitable destination for investors. Over the last decade, Africa’s economic growth has averaged at 5.3 percent. Even if one takes into account the current global economic crisis, Africa’s average growth is expected to be only half a percentage point below the projected 6.4 percent this year.
“We are now seeing increases in African countries’ per capita income consistent with those of other developing countries, and African countries have made great strides in expanding access to health and education,” said Obiageli Ezekwesili, World Bank Group Vice President for Africa.
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