Africa: Continent will miss millennium goals - IMF

Most countries in sub-Saharan Africa are not on track to meet the millennium development goal of eradicating extreme poverty by 2015, the International Monetary Fund (IMF) said in its regional economic outlook for Africa, released in Dakar on Tuesday. The IMF has estimated that Africa needs to accelerate annual GDP growth to seven percent to attain the goal of reducing by half the proportion of people living on less than one dollar a day by 2015.