Africa's booming economies: Ghana 12% up Angola 8% Ethiopia 10%

Post date: Jun 11, 2011 12:38:40 PM

Africa's Lion economies:

Ghana 12% growth 2011

Capital: Accra

Oil, gold, cocoa; growth was 6% in 2010

Angola 8% growth 2011

Capital: Luanda

Oil; diamonds; growth was 3% in 2010

Related:

Clinton warns against "new colonialism" in Africa

Africa must beware of "new colonialism" as China expands ties there and focus instead on partners able to help build productive capacity on the continent, Secretary of State Hillary Clinton said.

Clinton, asked in a television interview in Zambia on Saturday about China's rising influence on the continent, said Africans should be wary of friends who only deal with elites.

China pumped almost $10 billion in investment into Africa in 2009

The United States is investing in the people of Zambia

Clinton, appearing on the "Africa 360" program, called for long term "sustainable" investment that would benefit Africa.

source: reuters.com

Ethiopia 10% growth in 2011

Capital: Addis Ababa

Agriculture, shoe production; growth 9% in 2010

Rwanda 6% growth in 2011

Capital: Kigali,

Finance, beer; growth 7% in 2010

South Africa 3% growth 2011 stagnation

Capital: Cape Town