Southern Africa

Economic growth in the Southern Africa has declined to 1.1 percent (from 1.9 percent in 2015), and remained weak across most countries. Madagascar and Mozambique were rare bright spots, posting growth rates above 4 percent, despite a dip in the growth rate in Mozambique (6.6 percent in 2015). 
 
Botswana was back on track with real GDP growth of 2.9 percent, after contracting by 0.3 percent in 2015. The region’s dismal economic performance is due mainly to near-zero growth in South Africa (0.4 percent) and lower growth in Angola (1.1 percent compared to 3.0 percent in 2015), two major commodity exporters hit by drought, persistent power outages, and adverse terms-of-trade shocks. Source: AfDB

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