Economic Growth Forecast for African Countries to 2012
In the World Economic Outlook October 2009, the International Monetary Fund projected the GDP annual percentage growth for most African countries. In 2010, the fastest growing African economies are projected to be Republic of Congo
In the World Economic Outlook October 2009, the International Monetary Fund projected the GDP annual percentage growth for most African countries. In 2010, the fastest growing African economies are projected to be Republic of Congo (12.2%), Angola (9.3%), and Ethiopia (7%). In 2011, the fastest growing African economies are projected to be Ghana (22.5%), Liberia (9.2%), and Botswana (8.5%). Angola (8.4%) follows closely behind Botswana in 2011. In 2012, there are several double-digit growth projections – Botswana (13.8%), Liberia (12.8%), Mauritania (13.1%), Niger (12.9%).
To get further information and explanation for growth patterns, check with the appropriate government department for each country. Typically, the department of trade or an embassy can provide assistance.
The following table lists the projections for each African country covered by the World Economic Outlook.
Zekhtam Eritrawi November 7, 2011
Here are the figures: 2009—>0.3: 2010—>1.4: 2011—>2.0: 2012—>2.5. I don’t pretend to be an economist but even a Monkey (Not Yemane) could see the otherwise dismal figures where the outlook is anything but a much hyped up gold rush. Sure enough, PFDJ handlers will get defensive as they pull the ‘rationale’ where GDP in some renegade economists is dismissed as a bogus index to measure economic performance. But still even though GDP is not reliable to forecast economic performance, one can not possibly expect a miracle from a basket case nation such as Eritrea where the economic policy is neither a command, mixed nor an open market economy. As much as it is incredibly difficult to obtain data in a bid to extrapolate reasonable trends, it is equally hard to forecast when the nation’s source of income is under the coffers of a mafia cartel. PFDJ.
Alem Habte Nega November 7, 2011
Zekhtam Eritrawi: why should you be parentless while there is ahuge acccess to own a family and friends. why i am saying this is your pen name describes who exactly you are. we are not with no parent and we don’t want to be . We are sleepless nights not to loose it. Listen the Economist magazine has been busy in praising Eritrea for economic boom all along. Why do you have to Excuse PFDJ for Eritrea? PFDJ is nothing but Eritrea is something big for us. She is not a ‘basket case nation’. Eritrea is big enough, that’s why it bothered the whole world. Why do you have to sell your identity? Are you Eritrean by the way? i might be in different cyber-space? If so you are, i am telling you we don’t want these stinking oppositions like you who undermine our mother land! Get a life somewhere else!
Zekhtam Eritrawi November 8, 2011
Alem Habte Nega,
One bread per person per day.
Twenty kilos of Meshela or Mashela per family per month.
Does that sound “An economic boom” at all? If you’re confusing Eritrea with the smoke-sreen on TV-Eri, you need to snap out of your bizarre world before it gets pathological as Isaias is promising every Eritrean to own three houses when he is in his high-induced moments.
kozami November 8, 2011
Zekhtam Eritrawi
Part1
It is actually the sign of a “booming economy” much to your surprise. Such provisions are intended as a basic safety net (welfare if you like). Would you like to tell us how much the ‘west’ dispenses to the welfare recipients in your neck of the woods? Probably, the same or less, except that theirs is means tested and ours not. If you take the average asmarino in Eritrea nowadays; he/she wears designer clothing, has a cell/mobile phone (plenty iPods and berry), entertains in top notch bars and cafés, and would actually pick the tap for you. At home, they chose to view Eri-TV or the dozens of satellite dish channels, most now go to private English classes and speak impressive English and are very confident and ambitious.
kozami November 8, 2011
Zekhtam Eritrawi
Part II
When Eritrea hands out those 2 bread per/person, 20 kilo mashela per month and other basic subsistence social security provisions compare that: to the sadistic woyane’s starvation policy to control its opponents (BBC), its 12 million people with nothing to eat and on the verge of famine. Now, contrast it to the pampering it gets from uncle Sam for being the ‘sell out’ boy of the continent and bashing that has been underway from the powers to be, the woyane sadists, the unEritrean telamat and others. If the ‘basket case’ is in such a shambles as you tend to state, and fail to convince anyone at huge cost to your credibility, then why is the high drama of lie and deceit being perpetrated to subdue a “non exist ant” economy? You really have to start at Eritrea, without the hate and anguish that consumes your soul and make you desperate enough to throw the baby with the towel.
Tsahaye November 8, 2011
Alem Habte Nega,
This woyane internet agent has been defacing assenna.co and belittling for anything Eritrean. He has been changing pen-names for sometime now and soon enough he will run out of them. This barbaric woyane is an orphan of his own self-inflicted torment. nai atahasasba zkhtmna ember nai weledo zkhtmana yeblun. He is a grown up dude who has been reduced into the size of a peanut because of his extreme hatred for the nation we proudly call Eritrea and its people Eritreans.
mekonen November 7, 2011
How can we expect the eritrean economy to grow with the arctect economist of Hagos Kisha and crown Maputu wediafom in charge?
Kozami November 7, 2011
This anonymous forecast comes from Afribiz. You ask, who the heck is that? Well, a US based Administrative Management and General Management Consulting Services. You ask, where the heck in the US? Well, to be specific; it is located at 2501 Blue Ridge Road #150, Raleigh, North Carolina 27607. You ask, what the heck do they do up there? Well, they are a state registered company, founded by Lauri Elliot and comprise a total of 7 employees and have been in business for the past 8 years, trading under the name Conceptualee INC. You ask, what the heck do they sell? Well, they say “Afribiz focuses on producing premium paid content for those serious about doing business and investment in Africa” I hear you say, “so, this is a man with a van and fifty buck type shakedown, right?” Sure enough buddy…
Zekhtam Eritrawi November 7, 2011
Kozami,
That’s pretty funny. I am still laughing. Damn, the guy in a truck with a six pack got me fooled then. Come to think of it though, would you have gone an extra mile where you strike the audience as a presidential race campaign manager who goes around to find a dirt on an opponent if Eritrea was say forecasted to ride on the coming years with flying colours? Say if Eritrea was to steal the show as Ghana is on the spot light with 22.5% growth with in the coming year? I wonder.
mekonen November 7, 2011
kozami,the reality speaks for itself look the Sinai eritrean youth and get answer from that if do not accept the african countries GDP report.
Selam November 8, 2011
Are you suggesting it is Economic migration ?
Alem Habte Nega November 7, 2011
Alem Habte Nega says:
November 7, 2011 at 11:32 pm
Zekhtam Eritrawi: why should you be parentless while there is ahuge acccess to own a family and friends. why i am saying this is your pen name describes who exactly you are. we are not with no parent and we don’t want to be . We are spending sleepless nights not to loose it. Listen! the Economist magazine has been busy in praising Eritrea for economic boom all along. Why do you have to Excuse PFDJ for Eritrea? PFDJ is nothing but Eritrea is something big for us. She is not a ‘basket case nation’. Eritrea is big enough, that’s why it bothered the whole world. Why do you have to sell your identity? Are you Eritrean by the way? i might be in different cyber-space? If so you are, i am telling you we don’t want these stinking oppositions like you who undermine our mother land! Get a life somewhere else!
Alem Habte Nega November 7, 2011
Again to Zekhtam Ertrawi:
You look obsessed with tarnishing Eritrea’s picture. you are running after defamation. Are you opposing PFDJ or Eritrea? Can you describe your status?
Maazza November 8, 2011
Ato Alem Habte Nega
What Eritrea are you talking about? You make the concept sound like an abstract. Present day Eritrea is what it is under the rule of the mafia gang PFDJ for the last 20 years and under the clutches of a power starved calculating individual named Isayas Afewerki for 30 years before that. While most jeganu Eritreans were sacrificing their lives for a better tomorrow for their people, Afewerki was there calculating every inch of the way on how to grab the throne and stay there for as long as he lives. This, in a nut shell, is Eritrea for the last 50 years. The Eritrea you trumpet about is an abstract concept, a slogan, an empty shell. You are the one with some sort of obsession. Your linking the country Eritrea to nothing on the ground is obsessive indeed. Wake up!
Selam November 8, 2011
Maazza,
Are we talking about -Economic Revolution or Social Revolution or Political Revolution here?
Maazza November 8, 2011
Selam
What I am addressing is the way Alem Habte Nega refers ‘PFDJ is nothing but Eritrea is something big for us’. Eritrea is its present reality. Until such time it has a different rule and is guided by the rule of law thriving for health, education and development for its people, the reality on the ground (which now is PFDJ), defines what Eritrea is today. Eritrea today is under a dictating tyrant rule and its youth are facing untold suffering to migrate to other countries such as the one where Alem Habte Nega lives, so they can breath the air of freedom, expect to live better lives and send help to their loved ones at home. If Eirtrea was what he claims, a praised economic boom, we would all head back to our country, including Ato Alem.
Popular Front for Dictatorship and Jail November 8, 2011
Alem Habte..
look your eyes first.. clean your mind first.. you hgdef mendef use the same fashion, get out of the box and make your mind to think the right way.
if you were a person who have normal mind…. you would be fight against the tyrant regime.
as far as you get pockets of money from the PFDJ(Popular Front for Dictatorship and Jail),
you are always against our country, you love it or hate it,Isayas the cancer of peace will be destroyed out of the earth.
then we will build a great nation for its people and for other too.
Selam November 8, 2011
Sorry I don’t want to be in your great nation ,because you want to destroy first then build Ummmm. Why don’t you add and improve to the existing one and create a new one?
hayelom November 8, 2011
abdi ata anzar, neaka ba hilim yemlka, mikuan ekua , ezie zimesil halay melhas hezka eskab hijie abey keytihiluw, you stubid nonsense your worst enemy is this kemaka zibele halay esayas eyu, he is your only enemy who is driving you to the hell, agame dea arkebe indaalu, abtie gizie tsebeba zerkebelka, agame tezeyerkbelka neru eza hijie esayas hizuwa zitsdif zelo eritreaka iskab lomie ayimiraekayan, izie wedihaneka ata hasas seb bezy libie.
HGDEF November 8, 2011
Assenna talking about economic growth because his mother land Ethiopia is listed on the top. He wouldn’t do it if Eritrea were on the top of the list.
Maazza November 8, 2011
HGDEF
Assenna is a website and has no motherland. If you are referring to Amanuel Eyassu, you are the very last person in this whole wide world to determine where his motherland is. Where is your motherland? I doubt if it is Eritrea because then you would have been on the side of trodden and voiceless rather than the oppressors. You do not seem to love Eritrea, you love a dictator and his henchmen. Amanuel Eyassu loves Eritrea because he bleeds with his daily hard work for all the ills its people are facing. He is at the service of his people, you are at the service of a group of power hungry gang who want to stay in power at the peril of its youth and people. Take a good look at yourself before saying anything at all. I have a feeling that you will not hesitate to switch sides and be in the forefront when change comes. Your hiding behind a pen name is not because your are afraid of HGDEF like some of us may be, but you want your opportunistic strategy safeguarded.
HGDEF November 8, 2011
Maazza
Why does that irritate you when you hear the truth? Do you hear this saying “You country is not where you are from but where your heart is”? I am not talking about the blood of A. Eyasu. I am talking about his love of Meles. Who can deny this? Wasn’t he showing us how proud he is to be photographed with Meles. We don’t need words to tell who loves Eritrea most. I become very happy when I see news of Eritrea developing and people living better than yesterday although they need much better life. But you guys are looking for news which tells that Eritrea is hell. I have never seen Assenna or the likes report on Eritrea showing progress on health sectors, food security, electricity and communication, infrustructure, mining and industry etc. What I see from them is news of eritrean athletes defecting (it is tabu to report about eritrean athlets’ achievements), Youth living their country Eritrean lining up for bread etc. They never even tell stories of successful youth in the country. Who can believe you if tell us that there is only prison in eritrea. There are colleges, technical shools giving equal chance to all young people unlike in the old days. I can mention many achievements which shows that you ppl feels head ache when you hear about them. And that tells us you dont love eritrea at all.
sol November 8, 2011
Food security-people are in a queue from 5 am to get Two piece of a bread per day
Milk has gone out of the market long time ago
Meat 200 nakfa per Kg if it id available
Most basic things are luxury, but if you are diaspora u are allowed to bring milk butter,flour ,oil and groceries so that u won’t be starved
Electrity is four hour per day in Asmara
The only country without University ,and the only nation who has one grade 12 school(Sawa)
The only country practice slavery (15 years,without salary).the largest refugee in the world per poon.tje list is endless
Alphafil November 8, 2011
Dear HGDEF
Why should Eritreans hate Meles!? You want us to hate Meles for what?!? Reasons & Logic Please!!!
I am an Eritrean that admire PM Meles greatly. I have countless reasons to admire him, I can list some of it for you if you ask politely.
HGDF November 8, 2011
I would ask you for what reason do you want us to love him?
sol November 8, 2011
There were some injustice in the past but people are nostalgic leave Hailselassie even the merciless Derg-even they call him Mengi.It should be remembered regarding opportunities Eritreans are equally benefited as tge rest of Ethiopians and some times preferably got better than the Ethiopians share in terms of education, positions, employment,business and they were all very accepted in all parts of Ethiopia.Even war prisoners were held appropriately, have been visited with their families and some other advance their education &technical skill in prison.But we have prisons every where ,PFDJ can not take care of its heroes and comrades let alone its citizens- get the fact.Eritreans equally used the education system in engineering,science,architecture,medicine,diplomacy,agriculture,technology and others more throughout the country but now reduced to military run low rated& unrecognized collages.Bw truthful to yourself and then get peace of mind.
Abdi November 9, 2011
the truth is you are exposing urself by praising mengi,fiy eritreans wasn’t as you said our beautiful country was filled up with ur brothers and every position was by ur ethiopian brothers and sisters and you looted eritea most of industrys and factors and left us the torture and imprisionments since when thou the Derg allowed war prisoners to be visited by their families?huh why it was called “alem beqagn”if it was as you described it?every line you wrote show or says you are an ethiopian,although i don’t mind to ur participating in what ever debate or discuss,but at least let people know you are an agent or ethiopian,and also other agents like temesgen medhane (zekhtam Eritrawi),mazza, Gual medefera,kunama among others are all woyane cadres.who feel illness when you hear a good thing about Eritrea.either introduce ur ID or save ur comment for urself.
Maazza November 8, 2011
HGDEF
You are so busy looking at a picture, you are making me doubt if you had very attentively listened to the interview Amanuel had with PM Meles. The tone, the honesty and directness of the questions left me stunned that two persons could reach such a level of playing their parts as admirably as they did. Amanuel did not hesitate to ask the PM the questions that bother all of us and PM Meles gave in his extraordinary Tigrigna and in the a calm and collected manner, as far as I was concerned, most relevant and honest answers to the questions asked. I was proud both of Amanuel as a Journalist and PM Meles as a Head of State in Africa. There was absolute lack of demagogy on Meles’ part and there was absolute lack of condescending on Amanuel’s part. I had friends who complained that Amanuel should have addressed PM Meles as ‘Atum’ but it was the ‘Ata’ part that gave me the feeling of brotherhood and that at least as goes education and development both the Journalist and the PM were of the same vision. I don’t have to hate PM Meles for hating sake, like I do not have to admire Isayas for admiring sake, i.e. for pure wegen’net. Go beyond the cloak and look for content. I think you watch EriTv a lot and take it to be the reality. You and I would be at home if we had a better one.
Maazza November 8, 2011
I am referring to the first substantial interview PM Meles/Amanuel Eyassu on my above post.
HGDF November 8, 2011
Hahaha You can use so many nice words but you cannot make these two guys any nicer.
tegadalay November 8, 2011
ZEKHTAM ERITRAWI YOU DONT GIVE ME ANSWER TO IASK YOU ISAYED THERE ARE 2 KIND OF ZEKHTAMAT IN ERITREA ONES THE FAMILY OF HEROS WHO LOST THEIR FATHER & MOTHER IN THE FIGHT FO FREEDOM & ATHERS WHO LOST THEIR MOTHER & FATHER IN ERITREAN PRISON FOR SELLING THEIR COUNTRY SO WICH SIDE ARE YOU ACORDING YOUR COMMENTS YOUR WITH THE ONES WHO ARE THEIR FAMILY IN ERAERO FOR SELLING THEIR COUNTRY BECAUSE ICAN SEE IT IN YOUR ANGER
benny November 9, 2011
anta tegadalay,
kiblekado tegadalay, walas aemero zeybilu halay!
zeweal kisemea zereba nay esayas mendelay
anta tegadalay lomis ember koinka halay
hager zeytedihin kab temen mendelay
serahka do kionu kertet tsergya maytemenay!
tegadalay kibleka ba anta halay!
ay kab timihrtie ay kab genzeb
eskado do af alenie elaka kitizareb!
me
simon haile November 8, 2011
Dear Brave Man and Woman of Quarter backs.
You if all care for your people and country, why don’t you go to Eritrean and change the Government? What are you all waiting for? You can’t have change just seating at the back. If you think you can do better then go. If not just keep quite.
The hard work is at the front not at the quarter back.
Thank you
Abdi November 9, 2011
@simon haile
These Hatela oppositions know very well isayas is the best choice for eritrea and eritreans,unfourtunatly they can’t admit it because that is the only way they make money,for them eritrean’s crises is a huge profit.and they will do thier upmost to increase it by any means.