Economy
The report, titled “ Africa and the Monterrey Consensus: Tracking Performance and Progress ,” notes that African economies continued to sustain the growth momentum of previous years, recording an overall real GDP growth rate of 5.8% in 2007. Although 30 countries recorded higher economic growth rates in 2007 than 2006, growth performance varied substantially across countries and regions. The report also notes that economic growth recovery in Africa has not yet translated into meaningful social development and has not benefited vulnerable groups.
