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African Economic Outlook 2005

image of African Economic Outlook 2005

The African Economic Outlook, a joint project of the African Development Bank and the OECD Development Centre, is an annual review of the recent economic situation and the likely short-term evolution of selected African countries. 

The analysis is presented on a country-by-country basis using a unique analytical design.  This common framework includes a forecasting exercise for the current and the two following years using a simple macroeconomic model, together with an analysis of the social and political context.  It also contains a comparative synthesis of African country prospects, placing the evolution of African economies in the world economic context.  A statistical appendix completes the volume.

"OECD has prepared a thorough report on the economic situation in Africa."

-Julius Coles, President, Africare

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Congo Dem. Rep.

OECD Development Centre

THE DEMOCRATIC REPUBLIC OF CONGO (DRC) has one of the richest natural resource endowments in the world, with mining, forestry and hydro-electric sectors offering enormous growth potential. The domestic market is considerable, as the country has a population of more than 50 million, but ten years of war have devastated its economy, infrastructure and social fabric. During this period of conflict, more than 3 million people died, the incidence of HIV/AIDS soared and...

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