20/01/2017
No Longer ?Rising', Africa Pushed to Margin at Davos
In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fueled growth boom has soured with a vengeance. Sub-Saharan Africa's economies, described a few years ago by consultancy McKinsey as ?lions on the move.? likely expanded just 1.6 percent last year according to the World Bank ? the slowest rate in two decades and one that lags the continent's galloping population growth. This week, investors were reminded afresh of Africa's fragile record on democracy and governance ? joint African forces are preparing to oust Gambian leader Yahya Jammeh who...
