If you lived in Zambia or have been closely following the news about the country, you would know that Zambia had been growing at a steady pace in the last few years. Riding on the back of higher copper production, foreign direct investment in the manufacturing and mining sectors, government investment in infrastructure, and expanding private sector investment in construction and services, Zambia grew at an average annual rate of 6.4% between 2010 and 2014, which was more than the average overall growth rate of Sub-Saharan Africa.
Apres près d’une année et demie de crise politique, l’économie malgache résiste grâce à la timide reprise du secteur privé, mais notamment au boom du secteur informel.
Madagascar’s economy has been in recession since the beginning of the political crisis in March 2009, and prospects for 2010 don’t look too promising. The prudent fiscal policy adopted by the Government will be increasingly difficult to sustain in 2010. Key financial indicators continue to be vulnerable to policy shifts and shocks, and export competitiveness losses have begun to create pressures on the balance of payments. All in all, a major turnaround in the downward trend of economic activities is unlikely to occur in 2010.