Recent economic trends in Africa and prospects for 2005

Africa recorded 4.6 per cent growth in 2004, the highest in almost a decade. This improvement over 4.3 per cent in 2003 was underpinned by a strong global recovery, higher commodity prices and higher oil production and prices. Also contributing were good macroeconomic management, better agricultural performance across the continent, improved political situations in many countries and continued donor support through aid and debt relief.

Sustainable Development Goals:

Decent Work and Economic Growth

Reduced Inequalities

Partnerships for the Goals