Africa's growth to fall

05 July 2011 - 13:09
By I-Net Bridge

AFRICA'S rate of growth will decline to 3,7 percent in 2011 from 4,9 percent in 2010, according to an African economic outlook forecast by the African Development Bank.

Domestic consumer demand, good macroeconomic policies and management, commodity prices, and prices of agricultural exports were identified as the main drivers of growth.