The economy grew by an estimated 3.1% up from 2% in 2015 despite a sharp fall in the price of iron ore. The economic outlook is more favourable in the short and medium term, thanks to higher projected industrial and mining output, good performances in agriculture and fisheries and continuing structural reform.
These ready-made tables and charts provide for snapshot of aid (Official Development Assistance) for all DAC Members as well as recipient countries and territories. Summary reports by regions (Africa, America, Asia, Europe, Oceania) and the world are also available.
The economy remained healthy in 2014, growing an estimated 6.4% – higher than 5% for the third year running – and driven by a revival in fisheries and a robust mining sector, which compensated for lower oil production and manufacturing. With suitable policies and structural progress, the economy held up against falling iron and gold prices and insufficient rainfall.
With Africa’s population set to double by 2050, modernising local economies will be vital to make the continent more competitive and to increase people’s living standards, according to the African Economic Outlook 2015, released at the African Development Bank Group’s 50th Annual Meetings.
By participating more effectively in the global production of goods and services, Africa can transform its economy and achieve a development breakthrough, according to the latest African Economic Outlook, released at the African Development Bank Group’s Annual Meetings.
The 2011 African Economic Outlook was launched at the African Development Bank’s Annual Meetings in Lisbon, Portugal on 6 June, 2011.
The 2010 African Economic Outlook finds the continent reeling from the effects of the world’s deepest and most widespread recession in half a century. Just how hard was the region hit? What are the prospects for recovery? This edition features an in-depth study of Taxation and Aid in Africa.
The Aid for Trade at a Glance 2009: Maintaining Momentum report presents the results of the second monitoring exercise of the Aid for Trade Initiative and documents its success so far.
Aid for Trade at a Glance 2007: The OECD Creditor Reporting System (CRS) database is used to track ODA flows from Development Assistance Committee (DAC) member countries.
How effective is aid at helping developing countries eradicate poverty? In March 2005, more than 100 countries made a firm commitment in the Paris Declaration to measure their success, or failure, in making aid more effective.