No Longer ‘Rising,' Africa Pushed to Margin at Davos

In this Swiss Alps town where the global elite have gathered to debate the world's problems, there seems to be little room on the radar for Africa, a continent of over a billion people where a commodity-fueled growth boom has soured with a vengeance. Sub-Saharan Africa's economies, described a few years ago by consultancy McKinsey as “lions on the move.” likely expanded just 1.6 percent last year according to the World Bank — the slowest rate in two decades and one that lags the...

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