African Development Bank has said Kigali will host the 2012 African Economic Conference from 30 October to 2nd November, 2012.
The theme of the 2012 conference is” Fostering inclusive and sustainable development in Africa in an Age of global economic uncertainty”.
The conference will focus on long-term continental economic growth in the aftermath of the financial and economic crisis.
According to African Economic Outlook 2012, Africa’s average growth declined from 5% in 2010 to 3.4% in 2011, mainly due to the political uprisings in North Africa, whose growth rate was only 0.5% in 2011.
With the gradual recovery of North African economies, average growth is expected to rebound to 4.5% in 2012 and to 4.8% in 2013.
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