28-July-2015
English
Real GDP grew by 7.0% in 2014, higher than the initially projected 6.0% and the 4.7% recorded in 2013. Growth in industry slowed as a result of a downturn in mining, manufacturing and construction.
28-July-2015
English
Things looked brighter for Niger’s economy in 2014, with growth at 7.1%. This performance, following 4.1% growth in 2013, was driven mainly by agriculture, which enjoyed favourable weather, as well as by the construction sector and the transport and communications sector, both of which were buoyant.
28-July-2015
English
In 2014, Mozambique’s economy continued to perform strongly with real Gross Domestic Product (GDP) growth of 7.6% and the outlook remains positive. Sustained growth is expected at 7.5% in 2015 and 8.1% in 2016.
28-July-2015
English
The government maintained its policy of improving the business climate and encouraging private investment in 2014 so as to support economic transformation. These efforts gave Morocco a ranking of 71st out of 189 countries in the World Bank report Doing Business 2015.
28-July-2015
English
Real GDP growth in 2014 was lower than expected at 3.2%, well under the 4% projected in the 2014 National Budget. Economic growth in 2013-14 was driven by the information and communications technology (ICT) sector and by the financial and insurance sector, which grew by 6.8% and 5.4%, respectively.
28-July-2015
English
The economy remained healthy in 2014, growing an estimated 6.4% – higher than 5% for the third year running – and driven by a revival in fisheries and a robust mining sector, which compensated for lower oil production and manufacturing. With suitable policies and structural progress, the economy held up against falling iron and gold prices and insufficient rainfall.
28-July-2015
English
The economy remained firm in 2014 and GDP growth increased to an estimated 5.8% after recovery began the previous year with an expansion of 1.7%. This was mainly due to the primary sector (up 9.4%), where good harvests boosted agriculture by 13%. The services sector (+4.8%) also contributed, with a revival of activity in transport and telecommunications (+7.4%) and commerce (+3%).
28-July-2015
English
In 2014, Malawi’s economy continued on the path to recovery in the aftermath of the economic crisis of 2012, which saw a contraction in real gross domestic product (GDP) growth to 2.1%. Real GDP growth in 2014 is estimated to have been 5.7%, driven largely by agriculture, but with significant contributions from manufacturing, wholesale and retail trade, and services.
28-July-2015
English
A political and social crisis since 2009 meant that 2014 was a decisive year for Madagascar, with a new president elected, a fresh parliament installed and a new government sworn in, thus enabling the country to rejoin the international community.
28-July-2015
English
Fiscal sustainability continues to be in disarray because control over the major source of revenue has fallen out of official control. The combination of lower petroleum exports and the dramatic fall in the price of oil resulted in revenues down by 63% in 2014 (from a budget of 57 billion Libyan dinars (LYD) in 2013 to LYD 20.9 billion in 2014).