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Many African economies appear to have turned the corner and may be moving to a path of faster and steadier economic growth needed to reduce high levels of poverty, according to the World Bank Africa Development Indicators (ADI) 2007.

11.14.07
The ADI indicates that spreading and sustaining growth going forward can be achieved by accelerating productivity and increasing private investment. Accomplishing this will require improving the business climate and infrastructure in African countries, as well as spurring innovation and building institutional capacity.