How fast is Africa really growing?

How fast is Africa really growing?

Africa is rising, but poor data availability means that we can’t be sure by how much.

Chinese customs data sheds some light on Africa’s growth, showing that Africa-China trade ballooned to USD210 billion last year from USD5-7 billion at the end of the 1990s. Lending to the private sector in Africa has also surged, with private-sector credit growth more than doubling in real terms between 2000 and 2010.

Read more: How fast is Africa really growing? | Our Views – Standard Chartered.

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