#2018Report #ADBG #EconomicReport
African economies have been resilient and gaining momentum. Real output growth is estimated to have increased 3.6 percent in 2017 and to accelerate to 4.1 percent in 2018 and 2019. Overall, the recovery of growth has been faster than envisaged, especially among non-resource–intensive economies.
The world economy is also in better shape, with faster growth and buoyant capi- tal markets. And with more than $100 trillion in assets managed by institutional inves- tors and commercial banks globally and searching for good returns, African countries have an array of options, beyond domestic resources and foreign aid, to support their investments.
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