SOURCE: African Business Review

African Business Review

January 25, 2011 14:30 ET

Africa: Your Guide to the Continent's Economy in 2011

SAN DIEGO, CA--(Marketwire - January 25, 2011) - African Business Review takes a look at one expert's view of how Africa's economy will shape up in the next year.

We discussed Africa's economic prospects for 2011 with expert Jean Phillipe Stijns, a co-author of the African Economic Report and Economist on the Europe, Middle Eastern and Africa desk at the Organisation for Economic Co-operation and Development (OECD).

The OECD Development Centre works with policy makers in OECD and partner countries, finding ways to improve the global needs of development and the alleviation of poverty. The OECD is one of the partners that work on the African Economic Outlook report, which produced its tenth edition this year and its second online edition through

Stijns says although Africa's growth declined in 2009, it is expected to rebound close to pre-crisis levels for 2010 and 2011. "This growth pick-up relied mainly on a revival of African exports and investments induced by a stronger than expected performance of the world economy," he states.

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