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Economic slowdown prompts scrutiny of Africa data
GDP growth is very hard to track in African countries with weak infrastructure
Published Thu, Oct 15, 2015 · 09:50 PM
Johannesburg
A DIP in the fortunes of many African economies has raised doubts about the accuracy of the heady statistics that lured hordes of investors during the "Africa Rising" boom years.
Sub-Saharan Africa has achieved annual growth of more than 5 per cent over the last decade, and foreign investment has more than quadrupled over the same period, as a commodities boom and an increase in consumer spending drove bumper returns.
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