Africa’s Economic Growth To Slow Down – African Union

The African Union (AU) has projected economic growth to slow to about four per cent this year, and part of 2016 because of the fall in commodity prices. Mrs Fatima Haram Acyl, AU Commissioner for Trade and Industry, said economic growth would slow down to about four per cent, from over five per cent that Africa had sustainably achieved in the past two or so decades. Mrs Acyl, speaking in Accra, at the first ECOWAS Mining and Petroleum Forum and Exhibition (ECOMOF) said about 48 African countries were vulnerable and would be affected by the slump in commodity prices. A World Bank report,...