African Economic Outlook 2008


Publication Date:
11 May 2008

ISBN Number:


Pages: 700



The 2008 African Economic Outlook focuses on Technical Skills Development. It also presents a comprehensive analysis of the economic, social and political developments on the continent.

It was presented in Maputo (Mozambique) at the 43rd African Development Bank Annual Meetings, on May 11,

click to watch the video.

and launched in Paris at the Centre d'Accueil de la Presse Etrangère (CAPE), on May 13.

The AEO has been presented to the public in Paris, at the Eighth International Forum on African Perspectives, on June 27. Revisit the Forum or listen to RFI report.

Now in its seventh year, the  AEO is the only report on Africa which applies a common analytical framework to every country, every year. Produced by the OECD Development Centre, the African Development Bank and, for the first time this year, the United Nations Economic Commission for Africa, the AEO is the essential reference on Africa. It benefits from the support of the European Commission.

The detailed statistics, tables and charts contained in the report are available via the StatLinks printed in the book (EXCEL™).

Country notes | Major findings
Statistical annex | How to obtain this publication | Web sites

Home | AboutObjectifs and Clients | Structure of the report

Did you know?

  Some 133 million young people (half of Africa’s young) are illiterate. Over 20 per cent of young people are unemployed in sub-Saharan Africa. Technical and vocational systems in Africa are poorly funded and managed. As a result, the African countries face high youth unemployment and a skills shortage. (more)


 Algeria  Chad  Gabon




 Congo  Ghana  Mauritius


 Benin  Congo (DRC)  Kenya  Morocco

 South AfricaPEA 2007 - Sénégal

 Botswana  Ivory Coast  Liberia  Mozambique  Tanzania
 Burkina Faso  Egypt  Lybia



 Cameroon  Equat. Guinea  Madagascar


 UgandaPEA 2007 - Tunisie

 Cape Verde  Ethiopia  Malawi  Nigeria


*New countries covered by the AEO


Africa in 2008: Breaking Down the Growth

Did you know?
 Growth will accelerate for net oil exporters and weaken slightly for oil importers. Inflation is rising due to increases in the price of food imports and rising oil prices. (more)

Did you know?
 Preventable diseases take a heavy toll on the under-fives. In Africa overall, only 17 per cent of the countries have achieved or are on track to achieve the MDG No 4 (“Reduce by two thirds the mortality rate among children under five”). (more)

Combating Under-five Mortality in Africa


Investing in Africa's Youth

Evaluating the Effects of Vocational Training in Africa

Private Equity: An Eye for Investmentunder African Skies?

Did you know?
 Informal Businesses are the largest employer and source of training in Africa. (more)

 Private equity is the African investment story to watch. African countries have made serious efforts to attract foreign investment. (more)

Did you know?
 Political and social troubles worsened in 2007, but the long term trend is positive. Progress towards democracy continues, despite some severe setbacks. (more)

More trees have fallen…but the forest is still growing: Recent trends in African politics.






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