Africa's economy has shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank (AfDB) said on Thursday.
The African Development Bank emphasised the need to create more jobs and further industrialise countries on the continent. Photo: SIMON MAINA / AFPhas shown resilience overall despite global conditions but growth needs to be in double digits to truly tackle poverty on the continent, the African Development Bank said on Thursday.
"African economies are operating like everybody else within a very, very challenging global context," AfDB president Akinwumi Adesina said. "We believe that African economies ought to be growing at double digits for probably the next decade or so to be able to have the kind of transformation that we need as a continent."
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