The International Monetary Fund is predicting what most of us have suspected: That the Global economic crisis is going to have a negative impact on African growth, which, the constant flow of horrible news from the continent notwithstanding, has actually been reasonably impressive. The news is not apocolyptic, however. While growth in 2008 was more than 5% and is expected to take a serious blow in 2009, the IMF still estimates growth of 1.5% this year and more than 3.5% in 2010. This might seem modest, but the fact that Sub-Saharan Africa is expected to continue to grow is still a sign that all is not lost even during a worldwide economic calamity.
