Source: The Reporter (Addis Ababa)

By Namrud Berhane

Africa's economic performance since the mid 1990s is a mixture of remarkable progress, stagnation and where some countries have even seriously lagged behind, the World Bank disclosed in its African Development Indicators 2006 (ADI 2006) publication.

Despite the increasingly diverse economic outcomes however, World Bank says that the continent made uniform progress in social outcomes such as health and education, and its pre capita income is also rising along the same levels as other developing nations.

The indicator which was launched here in Addis Ababa on Thursday showed that 13 African countries accounting to 20 percent of the continent's population had made little or no progress since 1996.

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Posted by pichu at March 3, 2007 10:24 AM