Jonathan Cook Columnist

While the world economy is expected to have shrunk 3.5% in 2020, six of the 10 fastest-growing economies are in Africa. There is an opportunity for local companies to look beyond national boundaries for new markets as Covid continues to limit local demand.

As projected by the IMF in October 2020, the top 10 (by GDP growth) are Guyana (an oil-fuelled outlier at 26.2%), South Sudan (4.1%), Bangladesh (3.8%), Egypt (3.5%), Rwanda (2%), Myanmar (2%), Benin (2%), China (1.9%), Tanzania (1.9%) and Ethiopia (1.9%)...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now