Africa rising

Africa’s total GDP has grown by more than 135% in the past decade.

Prospects for the World’s second-largest continent are on the upswing, according to a report by Economy Watch.

Africa’s total GDP has grown by more than 135% over the past decade and many countries are experiencing an unprecedented boom. Six of the 10 fastest-growing economies in the world — including Zambia, Mozambique, Gambia and South Sudan — are in sub-Saharan Africa.

Major advances are being made in a number of areas: for one, enrolment in primary school now stands at 100% versus 75% in 1990. Meanwhile, huge development projects are set to transform the infrastructure grid. For example, there is the US$80-billion Great Inga Dam in the Democratic Republic of the Congo, which will produce twice the energy output of the Three Gorges Dam in China, currently the largest in the world.