This has for a very long time been the bane of Africa’s economic climate, but secure advances have been made in recent years. For one, telecommunications infrastructure has completely transformed business in Africa and the continent is even a pioneer in transactions like mobile payment platforms, especially the east African countries. Utilities is also a big growth sector on the continent as more and more governments realize it is in their overall social and political interest to establish conducive living and social environments.
All values are moving averages for the 5 years leading up to - and including - the reference year.
Sources of raw data: World Bank, AfDB
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