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dc.description.abstractAfrica’s economic growth performance modestly recovered in 2017, rising to 3.1 percent, after experiencing its lowest level 1.6 percent in 2016 since the beginning of this century. Africa is the second fastest growing region after East and South Asia, followed by South-Eastern Europe, and the Latin American and Caribbean region. Africa’s economy expanded due to the slight increase in commodity prices and improved domestic conditions supported by improved macroeconomic management. Growth in private consumption and increase in investments led the recovery in Africa’s growth, despite relatively low commodity prices, adverse weather conditions and fragile global economic conditions, which affected some countries. The recovery in some major economies such as Angola, Morocco and Nigeria and the continued robust growth in other economies such as Côte d’Ivoire, Ethiopia, Ghana, and the United Republic of Tanzania underpinned the continent’s growth. Nevertheless, low growth performance in large economies muted the continent’s growth, including in Nigeria (0.9 per cent) and South Africa (0.6 per cent).en
dc.titleOverview of recent economic and social conditions in Africaen
ags.creatorCorporateUnited Nations. Economic Commission for Africaen
ags.creatorCorporateUnited Nations. Economic and Social Councilen
ags.subjectThesaurusECONOMIC CONDITIONSen
ags.subjectThesaurusSOCIAL CONDITIONSen
ags.subjectThesaurusECONOMIC ASPECTSen
ags.subjectThesaurusECONOMIC GROWTHen
ags.subjectClassification02.02.00 ECONOMIC CONDITIONSen
ags.descriptionNotesItem 3 of the provisional agenda.en
ags.publisherPlaceAddis Ababaen
ags.publisherNameUN. ECAen
ags.creatorConferenceCategoryConferences of African Ministersen
dc.format.extent15 p.
dc.typeConference document
ags.creatorConferenceUN. ECA Committee of Experts of the Conference of African Ministers of Finance, Planning and Economic Development Meeting (37th : 2018, May 11-12 : Addis Ababa, Ethiopia)

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