HOW are sub-Saharan African economies doing? It depends on where you look, says the IMF in its latest survey of the continent, which was published this week. Regional growth will slow to just 1.4% this year, the most sluggish pace for two decades. Things look grim in Nigeria, which is mired in recession. But the Ivory Coast, a short flight away, is thundering along at a growth rate of 8%. Similar contrasts are found across the continent. Better to talk of two Africas, says the IMF, moving at different speeds.
Middle East & Africa | The oil effect
African economies are growing at very different speeds
New numbers from the IMF tell a tale of two Africas
This article appeared in the Middle East & Africa section of the print edition under the headline "The oil effect"
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