GROWTH IN Africa is more volatile than in any other region, according to the World Bank Africa Development Indicators 2007 (ADI). That volatility, it says, has dampened expectations and investments. “ADI 2007 finds that avoiding sharp declines in GDP growth is critical to Africa’s economic recovery,” says John Page, the World Bank’s chief economist for the Africa region. “Avoiding growth collapses is key to accelerating progress towards the MDGs (Millennium Development Goals) in Africa.”
