Region | 2005(e) | 2006(p) | 2006(p) |
Central Africa | 4.8 | 5.0 | 3.6 |
East Africa | 5.6 | 5.3 | 5.6 |
North Africa | 4.8 | 6.3 | 5.6 |
Southern Africa | 5.0 | 6.0 | 5.7 |
West Africa | 4.4 | 5.3 | 5.5 |
Total | 4.9 | 5.8 | 5.5 |
Note: Due to lack of data, these aggregates do not include Liberia and Somalia.
Authors' (e) estimates; (p) projection.
Source: African Economic OutlookBut they also conceal the danger of over-dependence on too few commodities. If diversification does not take place, giving rise to internal sources of growth, the future could be more fragile. The report urges governments and their partners to capitalise on any windfall gains from strong markets to reduce poverty and improve the social infrastructure. Wasting such a bounty, however, is an abiding danger, the report warns. For those economies without high-demand natural resources, the report calls for more targeted aid.Despite some success stories, transport is one area in need of particular action. A special focus in the 588-page report concludes that a redefined role for the public sector in ensuring proper planning and regulation, as well as partnerships and donor involvement, would improve the network to Africa’s wider benefit.©OECD Observer No. 255, May 2006OECD (2006), African Economic Outlook, Development Centre, Paris. Available at www.oecdbookshop.org.
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