2017 AU-ECA Conference of Ministers, Senegal (March 23-28)

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Publication Date: 
23 March 2017
UN Millennium Development Goal: 
Develop a global partnership for development
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In 2016, overall economic growth in Africa declined drastically, droppingto 1.7 per cent, lower than the developing country average of 3.8 per cent. Thisgrowth performance was influenced greatly by outcomes in the six largest African economies and masks the remarkable growth, by at least 3 per cent,achieved by 32 countries in 2016. The resulting positive growth was generally underpinned by private consumption and investment (in infrastructure in several countries), made possible by improvements in the business and investment environments in many countries.