Global economic growth is forecast to edge up to 2.5% in 2020 as investment and trade gradually recover from last year’s significant weakness but downward risks persist, the World Bank says in its January 2020 Global Economic Prospects.
African markets
International lenders warn on capacity constraints in Africa but remain bullish on pro-investor and trade trends
Global and African financial heads have identified country risk as the biggest challenge to their ability to lend more to African countries.
Dangote urges deepening of African economy through free trade
Foremost businessman, Aliko Dangote has in London called for conscious efforts at deepening African regional market by African investors and governments to aid rapid growth and development of the Continent’s economy.