Decline in competitiveness in many sub-Saharan states

As growth in some sub-Saharan countries hits 6% there is still no large-scale African middle class emerging, while China and Brazil reap benefits of resource imports. Declining competitiveness in parts of Africa is beginning to concern economists. Speaking on Summit TV, Frontier Advisory analyst Martyn Davies believes that there is a continuing decline in competitiveness in many sub-Saharan states, and that growth without productivity and competitiveness is not sustainable. Especially, the continent needs to use the comparative advantage it has in agriculture. Read more here.
Business Day

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