The African economies have been growing at a remarkable rate. Between 2001 and 2010, six of the world’s ten fastest-growing economies were in sub-Saharan Africa. Even in the wake of the crisis, Africa has been growing at 5% every year, almost twice the global rate (2.7%). Despite the slowdown in North African countries…

Ranked as the poorest continent in the world, Africa has posted strong growth rates in recent years, second only to Asia, drawing rising inward investment and giving rise to talk of its economic resilience, accompanied by much self-congratulation among officials.



“I’ll be cautioning against excessive…