28-July-2015
English
Economic growth is expected to be 2.4% in 2014 (2.3% in 2013). The government had assumed 4% growth when drafting the 2014 budget, but the forecast was lowered to 2.8% in March 2014, two months after the inauguration of new prime minister Mehdi Jomâa.
28-July-2015
English
GDP grew by an estimated 5.5% in 2014, and is projected to grow by 5.7% in 2015 and 5.9% in 2016, thanks to investment in economic infrastructure and agricultural reforms. The new Scantogo-Mines industrial complex will begin large-scale limestone mining in 2015 to produce clinker and cement locally.
28-July-2015
English
The Tanzanian economy has continued to perform strongly, recording growth of 7.3% in 2013, up from 6.9% in 2012, driven by information and communications, construction, manufacturing and other services. Medium-term prospects are favourable, with growth projected to remain above 7%, supported by public investments in infrastructure, particularly in the transport and energy sectors.
28-July-2015
English
Economic performance in Swaziland, as indicated by real gross domestic product (GDP) growth, slowed half of a percentage point from 3.0% in 2013 to 2.5% in 2014. The much-needed recovery from the 2011 fiscal crisis has not materialised.
28-July-2015
English
Growth of Sudan’s gross domestic product (GDP) has been estimated at 3.4% in 2014 and is projected at 3.1% and 3.7% in 2015 and 2016, respectively. GDP should be driven by rain-fed agriculture, minerals and oil-transit fees.
28-July-2015
English
Although rich in natural resources, the economy is centred on oil production and subsistence agriculture: almost all intermediate and consumer goods are imported. In the past year, oil production accounted for 99% of exports, 95% of government revenue and about one-half of GDP.
28-July-2015
English
The socio-economic indicators of Somalia remain very low. Somalia continues to be highly dependent on livestock production and exports with most exports going to Saudi Arabia. This reflects the country’s narrow economic base and consequent high vulnerability to external shocks.
28-July-2015
English
In 2014 South Africa’s growth continued to slow down, recording only 1.5%, the weakest performance since the global financial crisis. The nation’s economy was affected by its most protracted industrial action since the end of apartheid and significantly weak demand from trading partners.
28-July-2015
English
Prior to the Ebola outbreak which started in May 2014, the authorities in Sierra Leone had made considerable progress since the end of the civil conflict.
28-July-2015
English
Though initially projected at 4.9%, growth in 2014 has been revised downwards at 4.5% because of the expected negative impacts of the Ebola virus outbreak on the tourism sector (0.2 percentage points of gross domestic product [GDP]) and of delayed rainfall on the agriculture sector (0.2 percentage points of GDP)