African Economic Outlook 2007 2008

A fact-filled reference book containing the latest economic information for most of the countries of Africa.

The African Development Bank and OECD's annual assessment and projections for the African economies, now covering 35 countries.

The African Economic Outlook reviews the recent economic situation and the short-term likely evolutions of selected African countries using a unique analytical design. It also contains a comparative synthesis of African country prospects, and includes a statistical annex.

The region's prospects continue to be promising, but global developments pose increased risks to the outlook. Growth in sub-Saharan Africa should again average about 61⁄2 percent in 2008 with oil exporters leading the way; meanwhile, growth in oil importers is expected to taper off, though only modestly. With food and energy prices still rising, inflation is projected to average about 81⁄2 percent this year for countries in the region, setting aside Zimbabwe. Risks in 2008 are tilted to the downside, but the region is better placed today to withstand a worsening of the global environment.