The oil sector is behind the country’s growth, which was estimated at 1.6% in 2018, according to a World Bank (WB) report released on October 9th.
“The Congo will produce, on December 31st, around one hundred and forty million barrels. The latest information I have at my disposal states that we could turn around one hundred and thirty-five million instead of one hundred and forty million. There are two wells in Total that are not currently in production , “ said WB representative in the Congo, Etaki Wa Dzon.
With a special focus on empowering poor people and women, this paper invites sub-Saharan African governments to invest in pushing for growth that is struggling to take off.
“The inclusion of women is key to boosting growth. African policymakers face a crucial choice: to continue current policies or take proactive measures to promote a more inclusive economy, “ said WB Vice President for Africa Hafez Ghanem, noting that after several years Disappointing growth, the reduction of unequal opportunities for women is an obvious solution to progress.
Sub-Saharan Africa is the only region in the world that can boast more women with an entrepreneurial profile than men, knowing that African women play a key role in agriculture on the continent.
Keywords: Africa, News, Economy, Congo, Growth
© Credits Graphics : Baobab News