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A new report entitled Kenya Economic Update projects that the countrys economy has the potential to achieve a five per cent growth rate next year. (Image source: ollipitkanen)

Kenya’s economy will grow at an average of four per cent and attain a strength of five per cent subject to the outcome of the March 2013 election, the World Bank has stated in a new report

Nkosazana Dlamini-Zuma. (Image source: Michael Gross/US Department of State)

US Secretary of State, Hillary Clinton, and African Union chair, Nkosazana Dlamini-Zuma, have held a series of meetings in Washington, with private sector economic growth forming a key focal point

Foreign investment into Zambia is fueling economic growth in the countrys capital of Lusaka. (Image source: Michael Dr Gumtau)

Indian foreign direct investment (FDI) to Zambia has surpassed US$3bn, according to Zambian justice minister Wynter Kabimba

Africa can leapfrog out of the deepening pit of poverty encompassing its socio-economic fabric, according to Professor Calestous Juma, a professor of international development at Harvard University

The survey by McKinsey revealed the large extent to which it is expected that consumer industries will drive Africas future growth. (Image source: ChaoticTraveller)

Consumer industries in Africa are projected to grow by US$400bn, which equates to 50 per cent of the total profits all businesses are likely to gain in Africa by the end of the decade

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