Africa: Growth could be derailed by the rise in food prices - AfDB
22.05.2008
Africa’s growth rate could be derailed by the current global rise in food prices, the African Development Bank (AfDB) chairperson, Donald Kaberuka has warned. Africa’s overall growth in 2007 was 5.7 percent, almost double the rate in 2000. It is however, hoped that growth for 2008 will rise to 5.9 percent, remaining steady throughout 2009.