The South African economy exhibited weak quarter-on-quarter real GDP growth earlier this year and faces high and rising unemployment, weak domestic demand, and falling market prices on key export commodities.
Accelerated growth is on the horizon for South Africa, however, according to consensus forecasts of multiple major international agencies, even if at a slower rate than other large sub-saharan African economies. African countries collectively are expected to be the most rapidly growing economies worldwide during the next five years.
It will be interesting to monitor South Africa's official growth statistics through the end of the year. During the period 2012-2014, the South African economy followed this same growth pattern, but expectations of the major international agencies were too high, based on analysis from Knoema's Forecast Tracking Tool. The World Bank, IMF and OECD consistently overestimated South Africa's real GDP growth by 0.6 to 2.0 percentage points since 2011.
President Alpha Condé is seeking re-election in the 11 October 2015 vote, Guinea's second-ever democratic presidential election. The President has faced corruption allegations and the country has experienced violent opposition protests this year.
The first Conference of the Regional Africa chapter of the Ecosystem Services Partnership (ESP) will convene under the theme, 'Ecosystem Services for Sustainable Development Goals (SDGs) in Africa'. Discussions will focus on Africa's contribution towards evidence on best practices for the management and restoration of ecosystem services for decision making, particularly towards the realization of sustainable development goals. Event Holder: International Institute for Sustainable Development Source of data: World Development Indicators (WDI), July 2016, Greenhouse Gas Emissions (source: EEA), Africa Development Indicators,...