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Africa watch
- Source: Africa Renewal, Volume 28, Issue 3, Dec 2014, p. 3 - 4
- French
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- 31 Dec 2014
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Abstract
Despite a recent of history of ethnic and political tensions, including a civil war over its highly-prized natural resources, the Republic of Congo’s economy is set for impressive growth, according to economists. An economic forecast of 7.6% growth over the next three years will be propelled by abundant natural resources, including oil, natural gas and diamonds. Congo’s growth is expected to help dent poverty in the country, which the World Bank says is about 70%.
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