Africa's economic growth may reach 7% in 2011

Tuesday, February 23, 2010

Economic growth in Africa was expected to rise to 5 percent this year and could reach 7 percent in 2011, African Development Bank (AfDB) president Donald Kaberuka said on Sunday.

Kaberuka was addressing a panel of finance-ministry and bank-officials at the AfDB's Committee of Ten (C10) meeting in Cape Town on the weekend.

Kaberuka told officials that he was very optimistic of Africa's economic growth prospects for this year, and even more so for 2011.

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