Af: Kent Mensah, AfricaNews editor in Accra
Sub-Saharan African economies will grow by about 3.8 percent, according to the World Bank. The financial institution however said their recovery will be slower than in other developing nations because of a reliance on commodities (råvarer).
The bank expects economic expansion of 4.6 percent in 2011 and estimates the region grew by between 1.0 and 1.1 percent in 2009, said Andrew Burns, the bank’s manager of global macro economic trends in a Reuters report.
“We expect the recovery to be a little more muted because the dip in growth was less pronounced (compared with other developing countries),” he told a news conference.
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