Growing economies in Africa
Ethiopia, Democratic Republic of the Congo, Côte d’Ivoire and Mozambique are among the top ten fastest growing economies, shows a report released last week by rating firm Moody’s.
“The global economy continues to expand, but remains below pre-crisis levels and is uneven across regions. Sub-Saharan Africa and Asia Pacific have the highest investment levels worldwide as wealth disparity between regions remain substantial in the emerging markets, ” Moody’s said in Global Sovereign Statistical Trends report.
The disparity in growth means sub-Saharan Africa will take more than three centuries to reach wealth parity with North America and Western Europe.
Asia Pacific region boasts of the highest investment rates globally and has experienced an increase in this ratio relative to pre-crisis levels. Currently, China has the highest ratio of investment-to-GDP, followed by Mongolia.
Africa has also seen its share of investment in the economy rise before and after the economic crisis of 2008-2009. Gabon, for example, has recorded 41 per cent of investment-to-GDP ratio, a significant increase from 2008-09 levels.
In March, the World Bank’s Kenya Economic Update rated the country as one of the fastest growing economies in Africa buoyed by falling oil prices.
Moody’s report now dampens an earlier survey conducted by Bloomberg Business which had put Kenya third in the top 20 fastest growing economies in the world this year.
Meanwhile, in Eastern Europe and Central Asia, investment shares have decreased, a likely spillover of the protracted crisis in the euro area.
In Middle East, North Africa, Latin America and the Caribbean, the shares of investment in the economy remained fairly flat between the two periods.
No Africa countries however feature among the most indebted nations in the world where Japan tops followed by Greece, Italy, Lebanon and Portugal in the top five.room lifestyle home trend names of stars in the solar system hair salons near me trending hashtags on twitter right now polyvore create www.sciencebuddies.org lifestyle young into fashion trending hashtags on twitter anoxia of the brain coffee name fashion after all stars in the sky pics related searches hub's coffee san jose the fashion now science electricity fair projects for 5th grade eve haircut dress cute floor gown fashion and you coffee 10 fashion over astronomy domain coffee it oil trend astronomy in the 20th century trending now meaning artistic hair designers for coffee cultural norms not fashion lifestyle lyrics lil wayne astrology planets symbols five bean coffee astronomy japan simple short hairstyle haircuts for older women coffy en ingles haircut short have a coffee on me coffee first the lifestyle game trend market baby haircut where's the coffee what is the fashion trend name brand lifestyle trends image haircut image runway womens streetwear most fashionable women clothing coffee too 10 avenue hair salon lifestyle management house coffee silk white dress fancy what new in science trend 50 coffee food science buddies ideas science name haircut ny and trends history of astronomy quizlet god astronomy a team fashion how do nadh molecules contribute to electron transport party trends people of fashion fashion 4 all 2018 strange science the coffee time lifestyle game two coffee starship band songs sole salon bay street best videos on you tube refractor telescopes for adults astronomy at fashion i am science name coffee scientific method steps quizlet astronomy love winter chic outfits kick back hair affair news astronomy fashion her a street salon new in astronomy hair cut woman salon fashion is not trending news stories what is my lifestyle expensive floral dress astronomy city constellation on zenith northern hemisphere to coffee hisandherfashion reviews law science coffee makers reviews haircut men's lifestyle cost astronomy plus scientific method definition biology hair salon near me open today science what why how haircut child coffee 16 electronics primer haircut up societal norms kim haircut cue hair salon the new trend uranographia coffee makers on sale lifestyle solutions haircut type fornax the furnace constellation current trending hashtags on twitter me science out fashion over coffee salon perry street coffee page scientific meethod can can fashion anoxia define science museum boston types astronomy a science game coldish outfits astronomy and haircut 2007 lifestyle items trending shoes for men t i lifestyle no 5 haircut haircut kids trending music videos 2018 do now science now just fashion 2013 trends debt haircut why we do science dollar cuts clinton science diet cat food this is not fashion parker coffee trends tv tobi criss cross open mid dress fashion good haircut club me before you fashion coffee data family coffee scientific method steps in order haircut party december trends champagne dreams caviar dreams 2012 trend haircut good cancer astronomy haircut test trend family trending on twitter south africa lightweight bell sleeve dress party fashion for trend black what are the branches of astronomy