African Mining Sees Gradual Upward Trend in Volatile Markets
SUGAR LAND--August 18, 2016--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Johannesburg, South Africa)--Hope, fear and the risk of unexpected events make the outcome of development performance uncertain, and sometimes unfathomable, in many regions of Sub Saharan Africa over the coming 12 months. A number of countries have "rebased" their GDP calculations. Also, many African countries are measured from a "low base" and barely scrape into the "developing nation" mode.
Within this article: Details on why the GDP growth forecasts for individual countries vary by significant margins.