Monday, January 17, 2011

Africa's economic growth picking up, says expert

The head, Razia Khan, of African research for Standard Chartered Bank is very optimistic about 2011 and Africa's growth. She predicts that Africa's growrth will continue to recover and grow to the level that it was at before the economic crisis took its toll on the continent. She says that a large part of Africa's success in its recovery has to do with China's effect on commodity prices and the strenght of China and its support. Although she did not mention which commodities specifically are supported by China, it could be safely assumed that some are most likely in the oil industry.

By: Ivana Miljic

1 comment:

  1. http://www.cnn.com/2011/WORLD/africa/01/17/razia.khan.africa/index.html?iref=allsearch

    ReplyDelete