Botswana Speaks blog

Tying African economic growth to potential tech growth

A new infographic by global investment management firm T. Rowe Price has caught our eye. Titled “Africa: A Story of Growth“, the massive PDF highlights key growth factors that suggest many African nations are now serious world players. As the firm points out, Sub-Saharan Africa weathered the global recession of 2008-09 relatively well due to the lack of business ties to Europe and the United States. Still, the authors are just as quick to mention how African growth is starting from a low base. In fact, Sub-Saharan Africa’s GDP is equivalent to Australia – but with 50x as many people.

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