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African Economic Outlook 2006

image of African Economic Outlook 2006

This fact-filled reference book brings the reader the latest available economic information for most of the economies of Africa.  Drawing on the expertise of both the African Development Bank and the OECD, it opens with an overview that examines the international environment, macroeconomic performance, progress towards attaining the Millennium Development Goals, and governance and political issues.  This edition includes a special section on transport infrastructure issues.  The second part provides individual country reports for 30 countries.  Each country report provides an assessment of recent economic performance, projections for 2006 and 2007, an examination of structural issues, and a discussion of the political and social context.  The statistical annex presents 23 tables comparing economic and social variables across all the countries of Africa.

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Kenya

OECD Development Centre

The Kenyan economy has begun to exhibit accelerating economic growth after reversing the poor performance of the last decade in 2003. Real GDP growth rose to 4.3 per cent in 2004 from 2.8 per cent in the preceding year in spite of a resurgence of drought that negatively affected the agricultural sector. Other sectors, especially transport and communications and manufacturing, have shown signs of renewed growth in response to new incentive structures put in place by the government. Similarly, tourism has continued to recover from the adverse effects of terrorism.

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