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05 May 2023

Inclusive growth and sustainable development in Africa: a major task for regional development banks

The average annual GDP (Gross Domestic Product) growth in Africa was 3.4% between 2010 and 2021, according to African Development Bank data. This is well below the targeted yearly average growth of 7%. Combined with population growth, GDP per inhabitant has barely changed.  

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Independent Development Evaluation, African Development Bank
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