E C O N C H A R T Germanexports 10032010

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E C O N C H A R T Germanexports 10032010

  1. 1. IMF: Africa Seeing Signs of Recovery  The global crisis struck the continent through plummeting trade, drying capital flows, slowing remittances and banks running into difficulties  2009 saw first average per capita income decline in two decades Parts of Africa are bouncing back 12 Selected Africa: African Economies Industrial Production 10 40 Real GDP Growth (annualized quarterly % change) Change in % 8 30 Tunisia Morocco 7.0 6 20 5.8 5.3 5.5 4.4 4.1 10 4 4.1 3.5 3.6 3.2 2.6 0 2 Maghreb West and 1.3 -10 0 Central Africa South Africa -20 Sub-Sahara Source: IMF -2 2007 2008 2009 2010 2007 2008 09Q2 March. 10, 2010 Buy me for €20 / Translation €30 / Subscription welcomed – mgaertner@shaw.ca GAPA NEWS

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