Africa needs to strike new investment-consumption balance – Unctad

World News: . []

African countries should be targeting minimum investment levels of 25% of gross domestic product to sustain economic growth and to improve prospects for job creation and poverty reduction. But a new United Nations Conference on Trade and Development (Unctad) report also warns that simply increasing the quantity of investment will be insufficient and that countries should, therefore, also become more active in directing investments towards priority infrastructure and key sectors such as agriculture and manufacturing.

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