African countries are relying on non-commodity industries for rapid growth. Foreign investors are also helping to bolster their economies.
Morocco is launching a charm offensive as the kingdom seeks to expand its influence in West Africa by joining the economic union ECOWAS. But Nigeria is reluctant to see Morocco join as it stands to lose power.
The economies of the 19 countries sharing the euro currency expanded by more than previously forecast, as a slew of positive data suggest that the recovery in the bloc is well on track.
In the second quarter of 2017, the German economy grew slightly less than expected by economists as slowing trade dampened an overall expansion which was driven by strong household spending and rising state expenditure.
When India and Pakistan became independent 70 years ago, they were at the same level of development, with both equally poor and wretched. But the economic gap between them is growing.
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