UN: African Growth Driven by Services

A new report by the United Nations Conference on Trade and Development says Africa is driven by the services sector.  But, UNCTAD’s Economic Development in Africa Report 2015 finds the sector’s potential is being undermined by poor infrastructure and regulatory shortcomings.   The UNCTAD report says Africa’s services sector is attracting an increasing number of investors.  It notes services now account for 30 percent of the economy in Africa. In fact, it says the industry...

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