In the past three years, 11 of the 20 fastest-growing economies in the world were in Africa. And that growth potential is attracting investors, for example in Nigeria.
Mali has a difficult international image: it still struggles to control the country’s north and the investment climate is often deemed unfriendly. Will a forum change all that?
German President Frank-Walter Steinmeier signed a multi-million dollar partnership with Ghana on his first trip to Africa since taking office. Germany hopes the accord might help curb migration to Europe.
Prices in Germany rose faster than expected in November, strengthening the case of the European Central Bank, which has argued that its economic stimulus will eventually lead to more growth and higher inflation.
The latest OECD economic outlook predicts global growth of almost 4 percent in 2018. However, it also expresses concerns over a lack of investment, which it says could dent momentum in the global recovery.
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