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Economy

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

Countries including Nigeria and Ghana would benefit from funding for infrastructure projects that aim to boost growth. (Image source: ryan paetzold)

The African Development Bank, (AfDB) has announced that it hopes to float Africa’s first infrastructure bonds in a bid to raise US$22bn to fund infrastructure projects

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